73 Casa Grande Dr #73HoustonTX77060
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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
Investment property for sale in Houston at 73 Casa Grande Dr #73, Houston, TX, 77060 uses $51,349 cash to close to unlock $752/yr annual cash flow and $63/mo monthly cash flow. Total monthly income runs $1,164/mo, and a $758/mo payment keeps the spread at $63/mo. Purchase price stands at $154,900, and rental yield measures 9.02% with $1,164/mo rent. Return on cash invested shows 21.37% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 111.96% and total cumulative return in cash records $57,488. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,164/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1971
33.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77060, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,872 (100%) |
| Owner Occupied HU | 3,434 (20.4%) |
| Renter Occupied HU | 11,801 (69.9%) |
| Vacant Housing Units | 1,637 ( 9.7%) |
| Median Home Value | $158,412 |
| Average Home Value | $224,427 |
Housing Distribution
Address Breakdown
Residential
15,712
Single Family
4,825
Multi-Family
10,887
Businesses
2,209
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