7735 Melody CirHoustonTX77040
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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 7735 Melody Cir, Houston, TX, 77040 offers a 9.63% rental yield on a $564,500 purchase with $4,528/mo rent. Total monthly income registers $4,528/mo, and a $2,763/mo payment leaves $435/mo available for distribution. Annual cash flow reaches $5,214/yr on $185,721 to close, and return on cash invested stands at 22.87% in year one. Equity gained on principal adds $3,643/yr while 5% annual appreciation supports $155,961 over five years. Portfolio math shows five-year ROI at 120.08% and total cumulative return in cash at $223,022. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,528/mo property income against a $2,763/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
9,330 sqft lot
$N/A/sqft
$950 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77040, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,233 (100%) |
| Owner Occupied HU | 9,849 (51.2%) |
| Renter Occupied HU | 8,583 (44.6%) |
| Vacant Housing Units | 801 ( 4.2%) |
| Median Home Value | $296,605 |
| Average Home Value | $322,592 |
Housing Distribution
Address Breakdown
Residential
18,335
Single Family
11,467
Multi-Family
6,868
Businesses
2,235
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Listed by: Mary Dorsey • Mary Dorsey
Mls Name: HAR
Mls Provider:
Mls ID: #37457442
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