9228 Waving Fields DrHoustonTX77064
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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
Rental property for sale in Houston at 9228 Waving Fields Dr, Houston, TX, 77064 generates $2,174/mo in rent and, after a $981/mo payment, leaves $718/mo in cash flow. Total monthly income is $2,174/mo, and annual cash flow is $8,613/yr on $66,433 invested. Return on cash invested sits at 32.87% in year one, and rental yield is 13.02% on a $200,400 entry. Equity gained on principal adds $1,293/yr, while 5% annual appreciation builds toward $55,367 over five years. Five-year ROI reaches 173.79% and total cumulative return in cash sums $115,453. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,174/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
4,399 sqft lot
$N/A/sqft
$31 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77064, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 10,077 (59.9%) |
| Renter Occupied HU | 6,068 (36.1%) |
| Vacant Housing Units | 671 ( 4.0%) |
| Median Home Value | $266,392 |
| Average Home Value | $279,106 |
Housing Distribution
Address Breakdown
Residential
16,818
Single Family
12,390
Multi-Family
4,428
Businesses
1,219
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