889 Chas LnHoustonTX77091
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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 889 Chas Ln, Houston, TX, 77091 offers a 10.29% rental yield on a $243,700 purchase with $2,089/mo rent. Total monthly income registers $2,089/mo, and a $1,193/mo payment leaves $356/mo available for distribution. Annual cash flow reaches $4,270/yr on $80,787 to close, and return on cash invested stands at 25.19% in year one. Equity gained on principal adds $1,573/yr while 5% annual appreciation supports $67,330 over five years. Portfolio math shows five-year ROI at 132.39% and total cumulative return in cash at $106,956. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,089/mo property income against a $1,193/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77091, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,209 (100%) |
| Owner Occupied HU | 5,453 (44.7%) |
| Renter Occupied HU | 5,792 (47.4%) |
| Vacant Housing Units | 964 ( 7.9%) |
| Median Home Value | $257,704 |
| Average Home Value | $282,929 |
Housing Distribution
Address Breakdown
Residential
11,992
Single Family
6,445
Multi-Family
5,547
Businesses
958
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