859 Ramada DrHoustonTX77062
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 859 Ramada Dr, Houston, TX, 77062 priced at $272,000 pairs $2,476/mo rent with $525/mo cash flow after a $1,331/mo payment. Total monthly income equals $2,476/mo, and annual cash flow comes to $6,305/yr on $90,168 invested. Return on cash invested is 26.9% in year one, and rental yield stands at 10.92% on a $272,000 basis. Equity gained on principal adds $1,755/yr, and 5% annual appreciation accumulates to $75,149 by year five. Five-year ROI measures 141.65% and total cumulative return in cash reaches $127,721. For financing, Ziffy Mortgage’s DSCR program evaluates $2,476/mo property income against a $1,331/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
7,318 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77062, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,548 (100%) |
| Owner Occupied HU | 7,170 (68.0%) |
| Renter Occupied HU | 2,928 (27.8%) |
| Vacant Housing Units | 450 ( 4.3%) |
| Median Home Value | $293,132 |
| Average Home Value | $335,346 |
Housing Distribution
Address Breakdown
Residential
10,001
Single Family
8,345
Multi-Family
1,656
Businesses
234
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Listed by: Bridgett Badillo • Coldwell Banker Universal
Mls Name: HAR
Mls Provider:
Mls ID: #52787992
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