8518 Prichett DrHoustonTX77096
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 8518 Prichett Dr, Houston, TX, 77096 generates $6,166/mo in rent, after a $7,807/mo payment. Total monthly income is $6,166/mo. Return on cash invested sits at 8.35% in year one, and rental yield is 4.64% on a $1,595,000 entry. Equity gained on principal adds $10,292/yr, while 5% annual appreciation builds toward $440,669 over five years. Five-year ROI reaches 42% and total cumulative return in cash sums $217,025. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,166/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
9,051 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77096, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,929 (100%) |
| Owner Occupied HU | 6,665 (41.8%) |
| Renter Occupied HU | 7,735 (48.6%) |
| Vacant Housing Units | 1,529 ( 9.6%) |
| Median Home Value | $426,564 |
| Average Home Value | $488,229 |
Housing Distribution
Address Breakdown
Residential
15,435
Single Family
7,815
Multi-Family
7,620
Businesses
762
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices