8550 Ridgepoint DrHoustonTX77055
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
Investment property for sale in Houston at 8550 Ridgepoint Dr, Houston, TX, 77055 uses $296,100 cash to close to unlock $1,164/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $6,497/mo, and a $4,405/mo payment keeps the spread at $97/mo. Purchase price stands at $900,000, and rental yield measures 8.66% with $6,497/mo rent. Return on cash invested shows 20.45% in year one, and 5% annual appreciation builds toward $248,653 over five years. Five-year ROI reaches 106.93% and total cumulative return in cash records $316,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,497/mo property income covering a $4,405/mo payment rather than investor’s personal income.
Single Family
Built in 2021
8,097 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77055, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 8,227 (42.6%) |
| Renter Occupied HU | 9,215 (47.7%) |
| Vacant Housing Units | 1,871 ( 9.7%) |
| Median Home Value | $591,200 |
| Average Home Value | $707,973 |
Housing Distribution
Address Breakdown
Residential
19,239
Single Family
10,978
Multi-Family
8,261
Businesses
2,617
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shahin Naghavi • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #58771778
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.