8803 Cold Lake DrHoustonTX77088
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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 8803 Cold Lake Dr, Houston, TX, 77088 earns $362/mo cash flow from $2,068/mo rent with a $1,174/mo payment. Total monthly income totals $2,068/mo, and annual cash flow totals $4,347/yr on $79,527 capital. ROI tracks 25.37% on current figures, and rental yield reads 10.34% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 133.4% and total cumulative return in cash sums $106,087. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,068/mo property income instead of your personal income.
Single Family
Built in 1982
4,273 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77088, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,348 (100%) |
| Owner Occupied HU | 11,008 (56.9%) |
| Renter Occupied HU | 7,238 (37.4%) |
| Vacant Housing Units | 1,102 ( 5.7%) |
| Median Home Value | $222,266 |
| Average Home Value | $280,068 |
Housing Distribution
Address Breakdown
Residential
18,099
Single Family
14,602
Multi-Family
3,497
Businesses
571
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