7823 Redlands DrHoustonTX77040
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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 7823 Redlands Dr, Houston, TX, 77040 listed at $166,400 pairs $1,828/mo rent with a $814/mo payment to leave $565/mo cash flow. Total monthly income runs $1,828/mo, and annual cash flow reaches $6,782/yr on $55,162 cash to close. Return on cash invested measures 32.2% in year one, and rental yield registers 13.18% at a $166,400 basis. Equity gained on principal adds $1,074/yr, and annual property appreciation at 5% supports $45,973 by year five. Five-year ROI tracks 170.7% and total cumulative return in cash totals $94,159. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,828/mo property income relative to a $814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
2,439 sqft lot
$N/A/sqft
$80 monthly 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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