7602 Braes Meadow DrHoustonTX77071
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 7602 Braes Meadow Dr, Houston, TX, 77071 priced at $417,999 converts $4,171/mo rent into $1,163/mo cash flow after a $2,046/mo obligation. Total monthly income equals $4,171/mo, and annual cash flow totals $13,956/yr on $138,567 invested. Return on cash invested prints 29.98% in year one, and rental yield reads 11.97% against a $417,999 entry. Equity gained on principal adds $2,697/yr, while 5% annual appreciation compiles into $115,485 by year five. Five-year ROI reaches 158.2% and total cumulative return in cash sums $219,207. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,171/mo property income covering a $2,046/mo payment, not borrower’s personal income.
Single Family
Built in 1969
10,397 sqft lot
$N/A/sqft
$425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77071, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,132 (100%) |
| Owner Occupied HU | 5,330 (52.6%) |
| Renter Occupied HU | 4,280 (42.2%) |
| Vacant Housing Units | 522 ( 5.2%) |
| Median Home Value | $273,063 |
| Average Home Value | $307,273 |
Housing Distribution
Address Breakdown
Residential
10,557
Single Family
6,009
Multi-Family
4,548
Businesses
453
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Listed by: Stacey Davis • Monarch Real Estate & Ranch
Mls Name: HAR
Mls Provider:
Mls ID: #61058368
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