7903 Pagewood LnHoustonTX77063
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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
Rental property for sale in Houston at 7903 Pagewood Ln, Houston, TX, 77063 priced at $699,999 pairs $6,350/mo rent with $1,352/mo cash flow after a $3,426/mo payment. Total monthly income equals $6,350/mo, and annual cash flow comes to $16,218/yr on $230,300 invested. Return on cash invested is 27.1% in year one, and rental yield stands at 10.89% on a $699,999 basis. Equity gained on principal adds $4,517/yr, and 5% annual appreciation accumulates to $193,397 by year five. Five-year ROI measures 142.64% and total cumulative return in cash reaches $328,503. For financing, Ziffy Mortgage’s DSCR program evaluates $6,350/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
9,500 sqft lot
$N/A/sqft
$250 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: Megone Trewick • Xterra Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #72583748
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