8302 Burning Hills DrHoustonTX77071
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 8302 Burning Hills Dr, Houston, TX, 77071 generates $2,300/mo in rent and, after a $1,427/mo payment, leaves $224/mo in cash flow. Total monthly income is $2,300/mo, and annual cash flow is $2,686/yr on $96,632 invested. Return on cash invested sits at 22.69% in year one, and rental yield is 9.47% on a $291,500 entry. Equity gained on principal adds $1,881/yr, while 5% annual appreciation builds toward $80,536 over five years. Five-year ROI reaches 118.97% and total cumulative return in cash sums $114,967. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,300/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
9,191 sqft lot
$N/A/sqft
$3 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77071, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,132 (100%) |
| Owner Occupied HU | 5,330 (52.6%) |
| Renter Occupied HU | 4,280 (42.2%) |
| Vacant Housing Units | 522 ( 5.2%) |
| Median Home Value | $273,063 |
| Average Home Value | $307,273 |
Housing Distribution
Address Breakdown
Residential
10,557
Single Family
6,009
Multi-Family
4,548
Businesses
453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices