802 Blanchard Hill LnHoustonTX77047
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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 802 Blanchard Hill Ln, Houston, TX, 77047 priced at $235,000 pairs $1,645/mo rent with after a $1,150/mo payment. Total monthly income equals $1,645/mo. Return on cash invested is 19.51% in year one, and rental yield stands at 8.4% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 101.98% and total cumulative return in cash reaches $79,444. For financing, Ziffy Mortgage’s DSCR program evaluates $1,645/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
4,743 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77047, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,307 (100%) |
| Owner Occupied HU | 8,555 (64.3%) |
| Renter Occupied HU | 3,945 (29.6%) |
| Vacant Housing Units | 807 ( 6.1%) |
| Median Home Value | $249,161 |
| Average Home Value | $308,741 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
10,868
Multi-Family
1,754
Businesses
537
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