7611 Highmeadow 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 7611 Highmeadow Dr, Houston, TX, 77063 generates $4,603/mo in rent, after a $3,519/mo payment. Total monthly income is $4,603/mo. Return on cash invested sits at 16.67% in year one, and rental yield is 7.68% on a $719,000 entry. Equity gained on principal adds $4,640/yr, while 5% annual appreciation builds toward $198,646 over five years. Five-year ROI reaches 86.95% and total cumulative return in cash sums $205,673. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,603/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
9,670 sqft lot
$N/A/sqft
$880 annually 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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Listed by: Lucia De Chav • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #16922475
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