8309 Green River DrHoustonTX77028
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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 8309 Green River Dr, Houston, TX, 77028 generates $1,740/mo in rent and, after a $537/mo payment, leaves $927/mo in cash flow. Total monthly income is $1,740/mo, and annual cash flow is $11,124/yr on $36,372 invested. Return on cash invested sits at 50.49% in year one, and rental yield is 19.03% on a $109,719 entry. Equity gained on principal adds $708/yr, while 5% annual appreciation builds toward $30,313 over five years. Five-year ROI reaches 268.45% and total cumulative return in cash sums $97,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,740/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77028, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 4,060 (56.5%) |
| Renter Occupied HU | 2,469 (34.3%) |
| Vacant Housing Units | 662 ( 9.2%) |
| Median Home Value | $114,594 |
| Average Home Value | $151,161 |
Housing Distribution
Address Breakdown
Residential
7,180
Single Family
6,303
Multi-Family
877
Businesses
708
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