7815 Greenedge DrHoustonTX77040
Nearby investment properties with comparable rents
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
Rental property for sale in Houston at 7815 Greenedge Dr, Houston, TX, 77040 priced at $199,950 pairs $1,955/mo rent with $511/mo cash flow after a $979/mo payment. Total monthly income equals $1,955/mo, and annual cash flow comes to $6,129/yr on $66,283 invested. Return on cash invested is 29.16% in year one, and rental yield stands at 11.73% on a $199,950 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,243 by year five. Five-year ROI measures 153.78% and total cumulative return in cash reaches $101,932. For financing, Ziffy Mortgage’s DSCR program evaluates $1,955/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
2,600 sqft lot
$N/A/sqft
$264 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Scarborough • Berkshire Hathaway HomeServices Premier Properties
Mls Name: HAR
Mls Provider:
Mls ID: #22412981
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.