9850 Pagewood Ln APT 1302HoustonTX77042
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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 9850 Pagewood Ln APT 1302, Houston, TX, 77042 uses $62,852 cash to close to unlock $1,593/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $2,099/mo, and a $928/mo payment keeps the spread at $133/mo. Purchase price stands at $189,600, and rental yield measures 13.28% with $2,099/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $52,383 over five years. Five-year ROI reaches 121.93% and total cumulative return in cash records $76,639. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,099/mo property income covering a $928/mo payment rather than investor’s personal income.
Townhouse
Built in 1984
5,871 sqft lot
$N/A/sqft
$618 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77042, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,063 (100%) |
| Owner Occupied HU | 4,722 (19.6%) |
| Renter Occupied HU | 16,302 (67.7%) |
| Vacant Housing Units | 3,039 (12.6%) |
| Median Home Value | $397,155 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
20,718
Single Family
4,192
Multi-Family
16,526
Businesses
1,720
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Listed by: Dena Day • RE/MAX Fine Properties
Mls Name: HAR
Mls Provider:
Mls ID: #93265366
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