7415 Colima DrHoustonTX77083
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 7415 Colima Dr, Houston, TX, 77083 priced at $212,900 converts $2,082/mo rent into $541/mo cash flow after a $1,042/mo obligation. Total monthly income equals $2,082/mo, and annual cash flow totals $6,494/yr on $70,576 invested. Return on cash invested prints 29.11% in year one, and rental yield reads 11.74% against a $212,900 entry. Equity gained on principal adds $1,374/yr, while 5% annual appreciation compiles into $58,820 by year five. Five-year ROI reaches 153.61% and total cumulative return in cash sums $108,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,082/mo property income covering a $1,042/mo payment, not borrower’s personal income.
Single Family
Built in 1982
6,272 sqft lot
$N/A/sqft
$323 annually 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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Listed by: Cecilia Gutierrez • PG Realtors & Investments, LLC, Extra Mile
Mls Name: HAR
Mls Provider:
Mls ID: #71290069
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