7642 Candlegreen Ln, Houston, TX, 77071 | 8.37% Rental Yield

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7642 Candlegreen Ln, Houston, TX, 77071 | 8.37% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Houston at 7642 Candlegreen Ln, Houston, TX, 77071 generates $1,807/mo in rent, after a $1,268/mo payment. Total monthly income is $1,807/mo. Return on cash invested sits at 19.42% in year one, and rental yield is 8.37% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 101.42% and total cumulative return in cash sums $87,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,807/mo property income rather than buyer’s personal income.

Single Family

Built in 1977

7,013 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome Home! to this Gorgeous 3-bedroom, 2.5 bathroom with a 2-car garage in SW Houston. The property has NEVER FLOODED! and is perfectly located only minutes away from North and South 59, Beltway 8, South Main, and close to HWY 610, Braeswood and the Galleria, and most importantly; The Medical Center. The entryway features inviting double-doors, Open-concept living with high ceilings, Two living room areas, an upstairs loft area, and a relaxing fireplace. The kitchen has stainless steel applicances with a breakfast bar and a master bedroom suite on the first floor with a private ensuite bathroom and walk in shower with a sitting bench. Front patio area and a full size covered patio in the backyard. Don't miss your opportunity to make this Southwest Houston gem you own-schedule your showing today!

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