8302 Candlegreen LnHoustonTX77071
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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 8302 Candlegreen Ln, Houston, TX, 77071 listed at $695,000 pairs $6,258/mo rent with a $3,402/mo payment to leave $1,034/mo cash flow. Total monthly income runs $6,258/mo, and annual cash flow reaches $12,409/yr on $228,655 cash to close. Return on cash invested measures 25.49% in year one, and rental yield registers 10.81% at a $695,000 basis. Equity gained on principal adds $4,485/yr, and annual property appreciation at 5% supports $192,016 by year five. Five-year ROI tracks 134.49% and total cumulative return in cash totals $307,518. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,258/mo property income relative to a $3,402/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.26 Acres lot
$N/A/sqft
$2,000 annually 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
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Listed by: Kaleb Monroe • Real Broker, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #17819651
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