7243 Crimson Sky DrHoustonTX77083
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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 7243 Crimson Sky Dr, Houston, TX, 77083 generates $2,618/mo in rent and, after a $1,591/mo payment, leaves $307/mo in cash flow. Total monthly income is $2,618/mo, and annual cash flow is $3,679/yr on $107,738 invested. Return on cash invested sits at 23.32% in year one, and rental yield is 9.67% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 122.38% and total cumulative return in cash sums $131,845. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,618/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
3,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77083, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,942 (100%) |
| Owner Occupied HU | 14,881 (64.9%) |
| Renter Occupied HU | 7,425 (32.4%) |
| Vacant Housing Units | 636 ( 2.8%) |
| Median Home Value | $257,596 |
| Average Home Value | $292,331 |
Housing Distribution
Address Breakdown
Residential
22,671
Single Family
18,760
Multi-Family
3,911
Businesses
1,018
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