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6705 Zaken Rd 🏗️ New Construction
F Composite 24.78
Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +7.5/15.0
  • Cash flow +5.5/30.0
  • Livability +3.7/5.0
  • Rent growth +3.0/5.0
  • Condition / age +2.5/5.0
  • Schools +1.5/10.0
  • 1% rule +1.0/10.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$279,900

6705 Zaken Rd · Houston, TX 77091
3 bd · 2.5 ba · 1,450 sqft · SingleFamily · 1 Days on market
Built 2026 1,511 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to Haven at Highland by Oracle City Homes, a new construction community in Houston’s rapidly growing Highland Heights area, just minutes from The Heights. This thoughtfully designed community will feature modern 2 bedroom and 3-bedroom homes with functional layouts and contemporary finishes. Currently under construction with estimated completion beginning September 2026. Pre-sale opportunities available now—early buyers may have the ability to secure preferred pricing and selections. No model home at this time.

Key facts

  • 1,511 sq ft lot
  • 2 garage spots
  • Built 2026

Property features AI

Finance

  • HOA & community: Association: Reynolds Realty (monthly fee)

Exterior

  • Parking: Attached garage; 2 garage spaces
  • Utilities: Public water; Public sewer
  • Home design: Residential property; Under construction (new construction); One or more stories (living area 1,450)
  • Construction: Built in 2026; Cement siding; Composition roof; Slab foundation
  • Exterior features: Located in a subdivision

Interior

  • Kitchen: Kitchen/dining combo
  • Bedrooms: Primary bedroom on second level (13x14); Bedroom on second level (12x12); Bedroom on second level (11x9)
  • Bathrooms: 2 full bathrooms; 1 half bathroom
  • Heating & cooling: Central heating (electric); Central air conditioning; Gas cooling option
  • Interior features: Self-closing cabinet doors; Self-closing drawers; Kitchen and dining combined

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. The $279,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $344,177.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath single-family listed at $280k.

Deal economics

  • At list price, monthly cash flow is $-738 ($-9k/yr) — negative.
  • To cash-flow at today's rent, offer at most $237k (15.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $208k (25.8% below list).
  • Recommended offer: $208k (25.8% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 74/100 on livability (#184 in TX, #4,771 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime F.
  • Aldine ISD (suburban): math 16% / reading 21% proficiency, ranked #790 of 826 in TX (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Anderson Academy (math 18% / reading 16%, grade F, #3,836 of 4,322 statewide, top 91%, 677 students, 94% FRL); Drew Academy (math 14% / reading 28%, grade F, #1,387 of 1,662 statewide, top 85%, 382 students, 91% FRL); Carver H S For Applied Tech/Engineering/Arts (math 25% / reading 32%, grade F, #1,157 of 1,632 statewide, top 72%, 755 students, 86% FRL).
  • Market conditions: Rents rising (+2.1%/yr); 675 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
  • At $2,077/mo this rent would consume 70% of the median local household income ($35k/yr) (locally 3210% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
  • Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $207,721 (25.8% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.60%
Cap rate
3.72%
Cash-on-cash
-9.18%
DSCR
0.59
GRM
13.8

CMA / ARV

ARV (median comp)
$344,177
List price
$279,900
Delta
-18.68%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1062 Wheatley Oak Ln 0.30mi 3/2.5 1,494 (+3%) 2mo $322,990 $216 80
1059 Wheatley Oak Ln 0.30mi 3/2.5 1,494 (+3%) 2mo $289,990 $194 80
6508 Cohn St 0.57mi 3/2.0 1,472 (+2%) 2mo $275,000 $187 68
6407 Lamayah St 0.20mi 3/2.5 1,653 (+14%) 2mo $379,999 $230 66
6547 Sealey St 0.29mi 3/2.5 1,648 (+14%) 2mo $350,000 $212 62
6607 Apollo 0.23mi 4/2.5 (+1) 1,645 (+13%) 3mo $228,000 $139 60
6130 Endeavor Heights Rd 0.47mi 3/2.5 1,637 (+13%) 3mo $349,900 $214 55
6124 Endeavor Heights Rd 0.48mi 3/2.5 1,637 (+13%) 2mo $349,900 $214 54
6120 Endeavor Heights Rd 0.49mi 3/2.5 1,637 (+13%) 2mo $349,900 $214 54
6102 Endeavor Heights Rd 0.54mi 3/2.5 1,637 (+13%) 0mo $354,900 $217 53
6510 Arabella 0.47mi 4/2.5 (+1) 1,645 (+13%) 3mo $228,000 $139 48
6721 Cathcart Dr 0.46mi 2/1.0 (-1) 1,233 (-15%) 3mo $146,000 $118 40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.1% rent growth · sell at horizon

5-year hold
IRR
-33.6%
Equity multiple
-0.09×
Total profit
$-104,579
Equity at exit
$51,318
10-year hold
IRR
-47.3%
Equity multiple
-0.65×
Total profit
$-158,937
Equity at exit
$29,758

Cash invested: $96,370 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 77091

Home prices YoY
-24.9%
Rents YoY
2.1%
Active inventory
675
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$2,077 high interval (Pro) →
Mortgage (P&I)
$1,805
Tax est. 1.5%
$430 /mo · $5,163/yr
Insurance
$143
HOA
$0
Vacancy / Maint / Mgmt
$436
Net cashflow
$-738

Break-even live

Break-even rent $3,011
Max offer price $237,455
Occupancy floor

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$86,044
Closing costs
$10,325
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6555 Sealey St Houston, TX 3.0 2.5 1800 $2,700 $1.50 24d 1 0.30mi
1032 Glen Ln Houston, TX 3.0 3.0 1667 $2,400 $1.44 44d 1 0.44mi
6513 Knox St Houston, TX 4.0 3.0 1773 $2,100 $1.18 44d 1 0.57mi
7514 Sandle St Houston, TX 3.0 2.5 1523 $1,999 $1.31 44d 1 0.59mi
7008 Emma Lou St Houston, TX 3.0 2.5 1610 $3,000 $1.86 19d 1 0.72mi
1200 W Tidwell Rd Houston, TX 2.0–3.0 1.0–2.0 938 $1,295 $1.38 3d 12 0.94mi
1010 Junell St Unit A Houston, TX 3.0 2.0 1040 $1,550 $1.49 24d 1 0.97mi
7504 Carver Rd Houston, TX 3.0 2.5 1694 $2,500 $1.48 5d 1 1.01mi
6127 W Montgomery Rd Houston, TX 3.0 3.0 1786 $2,000 $1.12 24d 1 1.05mi
833 Paul Quinn St Unit A Houston, TX 3.0 2.5 1226 $1,800 $1.47 44d 1 1.08mi
831 Paul Quinn St Unit B Houston, TX 3.0 2.5 1226 $1,800 $1.47 24d 1 1.08mi
6615 Goldspier St Houston, TX 3.0 2.0 1848 $2,150 $1.16 22d 1 1.08mi
5722 # E Unit Beall St unit Houston, TX 3.0 2.5 1474 $2,011 $1.36 44d 1 1.16mi
5720 Beall St Unit C Houston, TX 3.0 2.5 1474 $2,006 $1.36 44d 1 1.16mi
774 Paul Quinn St Houston, TX 3.0 3.0 1651 $2,350 $1.42 44d 1 1.17mi
929 Marjorie St Unit 1060806P Houston, TX 3.0 2.0 1076 $3,091 $2.87 8d 1 1.20mi
7903 Moon Beam St Houston, TX 3.0 2.5 1217 $1,700 $1.40 17d 1 1.21mi
8108 De Priest St Unit B Houston, TX 3.0 2.5 1500 $1,900 $1.27 44d 1 1.22mi
8110 De Priest St Unit A Houston, TX 3.0 2.5 1500 $1,900 $1.27 44d 1 1.23mi
8112 De Priest St Unit B Houston, TX 3.0 2.5 1500 $1,900 $1.27 44d 1 1.23mi
783 Fortune St Unit A Houston, TX 3.0 2.5 1328 $1,795 $1.35 17d 1 1.26mi
8120 De Priest St Unit A Houston, TX 3.0 2.5 1500 $1,750 $1.17 44d 1 1.26mi
8120 De Priest St Unit B Houston, TX 3.0 2.5 1500 $1,900 $1.27 44d 1 1.26mi
8122 De Priest St Unit A Houston, TX 3.0 3.5 1500 $1,900 $1.27 44d 1 1.26mi
8118 De Priest St Unit B Houston, TX 3.0 2.5 1500 $1,900 $1.27 44d 1 1.26mi
8304 De Priest St Unit B Houston, TX 3.0 2.5 1600 $1,900 $1.19 22d 1 1.28mi
8306 De Priest St Unit A Houston, TX 3.0 2.5 1500 $1,900 $1.27 21d 1 1.29mi
855 S Victory Dr Unit C Houston, TX 3.0 2.5 1546 $2,300 $1.49 44d 1 1.29mi
8310 De Priest St Unit B Houston, TX 3.0 2.5 1500 $1,900 $1.27 21d 1 1.29mi
8312 De Priest St Unit B Houston, TX 3.0 3.5 1500 $1,900 $1.27 21d 1 1.30mi
8312 De Priest St Unit A Houston, TX 3.0 2.5 1500 $1,900 $1.27 21d 1 1.30mi
7486 N Shepherd Dr Houston, TX 3.0 2.0 1177 $1,290 $1.10 44d 1 1.30mi
8404 De Priest St Unit A Houston, TX 3.0 2.5 1600 $1,900 $1.19 44d 1 1.32mi
8406 De Priest St Unit A Houston, TX 3.0 2.5 1600 $1,695 $1.06 44d 1 1.33mi
8101 Venus St Unit A Houston, TX 3.0 2.0 1375 $1,699 $1.24 24d 1 1.44mi
8101 Venus St Unit B Houston, TX 3.0 2.0 1375 $1,595 $1.16 24d 1 1.44mi
2303 W Tidwell Rd Houston, TX 2.0–3.0 2.0 1061 $1,145 $1.08 3d 3 1.44mi
1007 Pinemont Dr Houston, TX 2.0 2.0 985 $1,774 $1.80 44d 1 1.45mi
2407 Ferguson Way Houston, TX 3.0 2.5 1195 $1,650 $1.38 44d 1 1.46mi
1450 Dewalt St Houston, TX 3.0 2.5 1371 $2,500 $1.82 44d 1 1.46mi

Listing history 15 events

  1. 2026-06-17
    days on marketlisting id $279,900 Active 1 DOM
  2. 2026-06-17
    days on market $279,900 Active 19 DOM
  3. 2026-06-16
    days on market $279,900 Active 18 DOM
  4. 2026-06-15
    days on market $279,900 Active 17 DOM
  5. 2026-06-13
    days on market $279,900 Active 15 DOM
  6. 2026-06-13
    days on market $279,900 Active 14 DOM
  7. 2026-06-09
    days on market $279,900 Active 11 DOM
  8. 2026-06-08
    days on market $279,900 Active 10 DOM
  9. 2026-06-07
    days on market $279,900 Active 9 DOM
  10. 2026-06-04
    days on market $279,900 Active 6 DOM
  11. 2026-06-03
    days on market $279,900 Active 5 DOM
  12. 2026-06-02
    days on market $279,900 Active 4 DOM
  13. 2026-06-01
    days on market $279,900 Active 3 DOM
  14. 2026-05-31
    days on market $279,900 Active 2 DOM
  15. 2026-05-01
    listed $279,900 Active 536-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,927
− Mortgage interest
−$19,279
− Property taxes
−$5,163
− Insurance
−$1,721
− Repairs & maintenance
−$1,994
− Management
−$1,994
− Depreciation
−$10,012
Taxable loss
−$15,237
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,657
After-tax cash flow
$-5,194/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Aldine ISD
NCES district ID
4807710
Math proficiency
16% ▼ -23.00%
Reading proficiency
21% ▼ -11.00%
Median HH income
$37,081
Composite
15.42/100
National rank
#9317
State rank
#790 of 826 in TX

Livability — Houston

Score
74/100
State rank
#184
US rank
#4771

Category grades

Amenities A+ Commute A Cost of living A+ Crime F Employment C Housing A+ Health & safety A- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Houston, TX
County
Harris County · 4,702,590 people
City population
3,226,434
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
28,728
Household income
$35,432
Rent vs Own
64.6% rent · 35.4% own
Severe rent burden
3210.0

Population outlook (Harris County) Hauer SSP2

Today (2025)
5,571,493 people
By 2030
6,089,821 · +9.3%
By 2040
7,142,806 · +28.2%
By 2050
8,185,864 · +46.9%
By 2075
10,574,329 · +89.8%
By 2100
12,109,958 · +117.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.58)
Race & ethnicity
Hispanic / Latino 46% Black 45% Two or more races 15% White 7%
Hispanic origin (detail)
Mexican 29%
Common ancestry
Italian 1%
Foreign-born
24% · Canada, Jamaica
Languages at home
55% English-only · Spanish 41% French/Haitian/Cajun 2%

Political lean MEDSL · Harris

2024 margin
Lean D (+5.5) · D 52.0% · R 46.4% · Other 1.6%
2008→2024 swing
+3.9pp toward D · 2008: 1.6pp · 2024: 5.5pp
All cycles
2024: D+5.5 2020: D+13.3 2016: D+12.4 2012: D+0.1 2008: D+1.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -94.19%
Current HPI
283.7523
Rent YoY
▲ 2.10%
Metro
Houston-The Woodlands-Sugar Land, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+0.0% since first listed
5 events — show timeline
  • 2026-06-17 Listed $279,900 HARMLS
  • 2026-06-17 Listing Removed HARMLS
  • 2026-05-29 Listing Removed HARMLS
  • 2026-05-29 Listed $279,900 HARMLS
  • 2026-05-01 Listed $279,900 HARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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