7706 Pagewood LnHoustonTX77063
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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
Investment property for sale in Houston at 7706 Pagewood Ln, Houston, TX, 77063 uses $220,397 cash to close to unlock $8,681/yr annual cash flow and $723/mo monthly cash flow. Total monthly income runs $5,554/mo, and a $3,279/mo payment keeps the spread at $723/mo. Purchase price stands at $669,900, and rental yield measures 9.95% with $5,554/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $185,081 over five years. Five-year ROI reaches 126.1% and total cumulative return in cash records $277,917. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,554/mo property income covering a $3,279/mo payment rather than investor’s personal income.
Single Family
Built in 1966
9,374 sqft lot
$N/A/sqft
$800 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: Lauren Teare • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #30704788
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