8918 Aspen Trace LnHumbleTX77338
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 Humble at 8918 Aspen Trace Ln, Humble, TX, 77338 priced at $270,900 converts $2,401/mo rent into $445/mo cash flow after a $1,326/mo obligation. Total monthly income equals $2,401/mo, and annual cash flow totals $5,344/yr on $89,803 invested. Return on cash invested prints 25.86% in year one, and rental yield reads 10.64% against a $270,900 entry. Equity gained on principal adds $1,748/yr, while 5% annual appreciation compiles into $74,845 by year five. Five-year ROI reaches 136.13% and total cumulative return in cash sums $122,252. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,401/mo property income covering a $1,326/mo payment, not borrower’s personal income.
Single Family
Built in 2006
5,170 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77338, Humble, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,259 (100%) |
| Owner Occupied HU | 8,544 (49.5%) |
| Renter Occupied HU | 7,428 (43.0%) |
| Vacant Housing Units | 1,287 ( 7.5%) |
| Median Home Value | $260,461 |
| Average Home Value | $283,669 |
Housing Distribution
Address Breakdown
Residential
16,908
Single Family
11,771
Multi-Family
5,137
Businesses
1,942
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karla Espinoza • Realty ONE Group Iconic
Mls Name: HAR
Mls Provider:
Mls ID: #47692108
Disclaimer: Copyright 2024, 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.