7622 Fairdale LnHoustonTX77063
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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 7622 Fairdale Ln, Houston, TX, 77063 with 5% annual appreciation on a $742,100 basis while $3,886/mo rent supports operations. 94% in year one. Equity gained on principal adds $4,789/yr, and five-year appreciation sums $205,029 alongside rental yield of 6.28%. Five-year ROI measures 66.76% and total cumulative return in cash totals $163,005. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,886/mo property income versus a $3,632/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
10,018 sqft lot
$N/A/sqft
$58 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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