710 Patchester DrHoustonTX77079
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Houston at 710 Patchester Dr, Houston, TX, 77079 offers $4,074/mo rent that, after a $5,235/mo payment. Total monthly income is $4,074/mo. Return on cash invested measures 7.96% in year one, and rental yield stands at 4.57% at a $1,069,600 entry. Equity gained on principal adds $6,902/yr while 5% annual appreciation compounds into $295,511 by year five. Five-year ROI records 39.96% and total cumulative return in cash reaches $138,495. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,074/mo property income versus a $5,235/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
8,400 sqft lot
$N/A/sqft
$53 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77079, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,372 (100%) |
| Owner Occupied HU | 7,919 (48.4%) |
| Renter Occupied HU | 6,617 (40.4%) |
| Vacant Housing Units | 1,836 (11.2%) |
| Median Home Value | $619,062 |
| Average Home Value | $664,611 |
Housing Distribution
Address Breakdown
Residential
15,936
Single Family
7,826
Multi-Family
8,110
Businesses
1,827
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices