7603 Meadowvale DrHoustonTX77063
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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 7603 Meadowvale Dr, Houston, TX, 77063 priced at $737,700 pairs $6,020/mo rent with $531/mo cash flow after a $3,611/mo payment. Total monthly income equals $6,020/mo, and annual cash flow comes to $6,371/yr on $242,703 invested. Return on cash invested is 22.69% in year one, and rental yield stands at 9.79% on a $737,700 basis. Equity gained on principal adds $4,760/yr, and 5% annual appreciation accumulates to $203,813 by year five. Five-year ROI measures 119.34% and total cumulative return in cash reaches $289,652. For financing, Ziffy Mortgage’s DSCR program evaluates $6,020/mo property income against a $3,611/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
10,001 sqft lot
$N/A/sqft
$56 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77063, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,779 (100%) |
| Owner Occupied HU | 4,830 (23.2%) |
| Renter Occupied HU | 13,700 (65.9%) |
| Vacant Housing Units | 2,249 (10.8%) |
| Median Home Value | $390,426 |
| Average Home Value | $482,774 |
Housing Distribution
Address Breakdown
Residential
19,428
Single Family
3,609
Multi-Family
15,819
Businesses
2,003
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