902 Fairgate DrHoustonTX77094
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 902 Fairgate Dr, Houston, TX, 77094 earns from $3,498/mo rent with a $2,570/mo payment. Total monthly income totals $3,498/mo. ROI tracks 17.62% on current figures, and rental yield reads 8% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 92.04% and total cumulative return in cash sums $158,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,498/mo property income instead of your personal income.
Single Family
Built in 1991
7,788 sqft lot
$N/A/sqft
$1,389 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77094, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,808 (100%) |
| Owner Occupied HU | 2,751 (57.2%) |
| Renter Occupied HU | 1,823 (37.9%) |
| Vacant Housing Units | 234 ( 4.9%) |
| Median Home Value | $458,862 |
| Average Home Value | $508,566 |
Housing Distribution
Address Breakdown
Residential
3,813
Single Family
3,066
Multi-Family
747
Businesses
646
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Nearby investment properties with comparable prices
Listed by: Richard Elkowitz • RE/MAX Signature
Mls Name: HAR
Mls Provider:
Mls ID: #80898706
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