8359 Sorrel DrHoustonTX77064
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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 8359 Sorrel Dr, Houston, TX, 77064 uses $56,024 cash to close to unlock $1,419/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $1,349/mo, and a $827/mo payment keeps the spread at $118/mo. Purchase price stands at $169,000, and rental yield measures 9.58% with $1,349/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 117.93% and total cumulative return in cash records $66,067. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,349/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1979
6,359 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77064, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 10,077 (59.9%) |
| Renter Occupied HU | 6,068 (36.1%) |
| Vacant Housing Units | 671 ( 4.0%) |
| Median Home Value | $266,392 |
| Average Home Value | $279,106 |
Housing Distribution
Address Breakdown
Residential
16,818
Single Family
12,390
Multi-Family
4,428
Businesses
1,219
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Listed by: Deborah Villarreal • Metro Houston Properties
Mls Name: HAR
Mls Provider:
Mls ID: #97046002
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