967 Wavecrest LnHoustonTX77062
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 967 Wavecrest Ln, Houston, TX, 77062 earns $643/mo cash flow from $2,717/mo rent with a $1,424/mo payment. Total monthly income totals $2,717/mo, and annual cash flow totals $7,715/yr on $96,467 capital. ROI tracks 27.91% on current figures, and rental yield reads 11.2% at a $291,000 purchase. Equity gained on principal adds $1,878/yr, and 5% annual appreciation supports $80,398 over five years. Five-year ROI reaches 146.95% and total cumulative return in cash sums $141,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,717/mo property income instead of your personal income.
Single Family
Built in 1968
7,801 sqft lot
$N/A/sqft
$5 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77062, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,548 (100%) |
| Owner Occupied HU | 7,170 (68.0%) |
| Renter Occupied HU | 2,928 (27.8%) |
| Vacant Housing Units | 450 ( 4.3%) |
| Median Home Value | $293,132 |
| Average Home Value | $335,346 |
Housing Distribution
Address Breakdown
Residential
10,001
Single Family
8,345
Multi-Family
1,656
Businesses
234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices