8409 Soaring Sky DrHoustonTX77063
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 8409 Soaring Sky Dr, Houston, TX, 77063 offers $6,186/mo rent that, after a $2,794/mo payment, leaves $1,918/mo cash flow. Total monthly income is $6,186/mo, and annual cash flow is $23,021/yr on $187,787 cash. Return on cash invested measures 32.32% in year one, and rental yield stands at 13.01% at a $570,780 entry. Equity gained on principal adds $3,683/yr while 5% annual appreciation compounds into $157,696 by year five. Five-year ROI records 171.08% and total cumulative return in cash reaches $321,270. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,186/mo property income versus a $2,794/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$2,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77063, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,779 (100%) |
| Owner Occupied HU | 4,830 (23.2%) |
| Renter Occupied HU | 13,700 (65.9%) |
| Vacant Housing Units | 2,249 (10.8%) |
| Median Home Value | $390,426 |
| Average Home Value | $482,774 |
Housing Distribution
Address Breakdown
Residential
19,428
Single Family
3,609
Multi-Family
15,819
Businesses
2,003
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Nearby investment properties with comparable prices
Listed by: Patrick McGrath • Meritage Homes Realty
Mls Name: HAR
Mls Provider:
Mls ID: #48918693
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