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5512 Nightingale Dr
D+ Composite 48.23
Why this score? — see what drove the D+ 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 +15.0/15.0
  • Cash flow +13.3/30.0
  • 1% rule +4.4/10.0
  • DSCR +4.0/10.0
  • Livability +3.7/5.0
  • Rent growth +2.7/5.0
  • Schools +2.7/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$160,000

5512 Nightingale Dr · Houston, TX 77017
3 bd · 1.0 ba · 1,301 sqft · SingleFamily public records · 10 Days on market
Built 1950 6,838 sqft lot Est $195k · 18% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to 5512 Nightingale Drive!This charming 3-bedroom, 1-bath home offers a functional layout, spacious bedrooms, and a large backyard. Conveniently located with easy access to Hwy 225, Downtown Houston, Hobby Airport, shopping, dining, and schools. Whether you're a first-time homebuyer or investor, this home is full of opportunity and value. Schedule your showing today!

Key facts

  • Large backyard
  • Access to shopping
  • Access to dining

Tags

LARGE BACKYARDEASY ACCESS TO HWY 225ACCESS TO DOWNTOWN HOUSTONACCESS TO HOBBY AIRPORTACCESS TO SHOPPINGACCESS TO DINING

Property features AI

Finance

  • Financial info: Lease not considered

Exterior

  • Parking: Attached carport; 1-car carport
  • Utilities: Public water; Public sewer
  • Home design: Residential property; Built in 1950; Slab foundation; Composition roof
  • Construction: Vinyl siding exterior
  • Exterior features: Subdivision lot

Interior

  • Bedrooms: Rooms include bedrooms (total rooms: 3)
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Window-unit heating; Central air conditioning; Electric cooling; Window-unit cooling
  • Interior features: 3 total rooms; Seller disclosure available

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

  • At list price, monthly cash flow is $-1 ($-16/yr) — negative.
  • To cash-flow at today's rent, offer at most $160k (0.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $151k (5.9% below list).
  • Recommended offer: $151k (5.9% below list) — sets the bar for 1% rule.
  • Cap rate 6.3% vs local median 3.2% in Houston — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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.
  • Houston ISD (urban): math 27% / reading 35% proficiency, ranked #593 of 826 in TX (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Patterson El (math 28% / reading 37%, grade F, #2,234 of 4,322 statewide, top 52%, 921 students, 95% FRL); Stevenson Middle (math 22% / reading 35%, grade F, #1,122 of 1,662 statewide, top 69%, 1,192 students, 92% FRL); Chavez H S (math 26% / reading 26%, grade F, #1,234 of 1,632 statewide, top 76%, 2,272 students, 93% FRL) — zoned schools average 94% FRL vs 71% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents flat; 88 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
  • This rent runs 35% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 10 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $150,587 (5.9% 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. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
0.94%
Cap rate
6.28%
Cash-on-cash
-0.04%
DSCR
1.00
GRM
8.9

CMA / ARV

ARV (on-the-fly)
$195,150
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1703 Seagull St 0.21mi 3/2.0 1,260 (-3%) 10mo $229,900 $182 73
1308 Pecan Dr 0.46mi 3/1.0 1,256 (-4%) 2mo $120,000 $96 71
5403 Primrose St 0.32mi 4/1.0 (+1) 1,269 (-2%) 6mo $190,000 $150 71
919 Oak Meadows St 0.61mi 3/1.0 1,218 (-6%) 0mo $195,500 $161 61
5510 Meadow Creek Ln 0.33mi 3/1.5 1,422 (+9%) 8mo $165,000 $116 61
10 Pine Creek Ct 0.51mi 3/2.0 1,225 (-6%) 5mo $227,500 $186 58
1106 Aubert St 0.68mi 3/2.0 1,290 (-1%) 6mo $215,000 $167 58
5551 Winding Creek Way 0.26mi 2/2.0 (-1) 1,463 (+12%) 2mo $129,900 $89 57
5611 Woodlark St 0.37mi 2/1.0 (-1) 1,137 (-13%) 11mo $75,000 $66 48
806 Evonne St 0.52mi 3/1.0 1,463 (+12%) 10mo $195,000 $133 46
1508 Hemlock Dr 0.44mi 4/2.0 (+1) 1,468 (+13%) 5mo $229,900 $157 45
1914 Firwood Dr 0.70mi 3/2.0 1,429 (+10%) 6mo $199,900 $140 42

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 · 0.88% rent growth · sell at horizon

5-year hold
IRR
-18.9%
Equity multiple
0.35×
Total profit
$-29,084
Equity at exit
$23,857
10-year hold
IRR
-16.8%
Equity multiple
0.16×
Total profit
$-37,503
Equity at exit
$13,834

Cash invested: $44,800 (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 77017

Home prices YoY
-21.7%
Rents YoY
0.9%
Active inventory
88
Price-to-rent
8.9×

Monthly cashflow live

Estimated rent
$1,506 high interval (Pro) →
Mortgage (P&I)
$839
Tax from tax record
$285 /mo · $3,423/yr
Insurance
$67
HOA
$0
Vacancy / Maint / Mgmt
$316
Net cashflow
$-1

Break-even live

Break-even rent $1,508
Max offer price $159,759
Occupancy floor 95%

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
$40,000
Closing costs
$4,800
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 14 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1514 Allen Genoa Rd Houston, TX 1.0–2.0 1.0–2.0 846 $1,715 $2.03 2d 24 0.30mi
5535 Timber Creek Place Dr Houston, TX 1.0–2.0 1.0–2.0 757 $1,214 $1.60 3d 18 0.65mi
4800 Allendale Rd Unit 4857 Houston, TX 2.0 2.0 1322 $1,373 $1.04 11d 1 0.80mi
4800 Allendale Rd Unit 2162 Houston, TX 2.0 2.0 1322 $1,349 $1.02 5d 1 0.80mi
4800 Allendale Rd Unit 425 Houston, TX 2.0 2.0 1322 $1,349 $1.02 7d 1 0.80mi
4800 Allendale Rd Unit 2165 Houston, TX 2.0 2.0 1322 $1,341 $1.01 3d 1 0.80mi
4800 Allendale Rd Unit 2047 Houston, TX 2.0 2.0 1322 $1,384 $1.05 11d 1 0.80mi
4921 Barkley St Houston, TX 3.0 2.0 1502 $1,900 $1.26 19d 1 0.85mi
4806 Allendale Rd Houston, TX 2.0 2.0 1322 $1,152 $0.87 43d 1 0.92mi
2810 Forest Oaks Blvd Houston, TX 4.0 2.0 1280 $1,675 $1.31 44d 1 0.93mi
1009 Richey St Pasadena, TX 1.0–3.0 1.0–2.0 885 $1,499 $1.69 3d 26 1.30mi
6043 Bonn Echo Ln Houston, TX 2.0 2.0 900 $1,165 $1.29 43d 1 1.36mi
4206 E Villa St Houston, TX 3.0 1.0 1190 $1,845 $1.55 14d 1 1.43mi
412 N 8th St Unit 2 South Houston, TX 2.0 1.0 1000 $895 $0.90 43d 1 1.43mi

Listing history 7 events

  1. 2026-06-18
    days on market $160,000 Active 10 DOM
  2. 2026-06-17
    days on market $160,000 Active 9 DOM
  3. 2026-06-16
    days on market $160,000 Active 8 DOM
  4. 2026-06-15
    days on market $160,000 Active 7 DOM
  5. 2026-06-13
    days on market $160,000 Active 5 DOM
  6. 2026-06-08
    remarks 377-char remark
  7. 2026-06-08
    listed $160,000 Active 1 DOM

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

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$3,423 · $285/mo
Projected year-2 tax
$3,423 · $285/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 24% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$18,070
− Mortgage interest
−$8,962
− Property taxes
−$3,423
− Insurance
−$800
− Repairs & maintenance
−$1,446
− Management
−$1,446
− Depreciation
−$4,655
Taxable loss
−$2,661
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$639
After-tax cash flow
$622/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
Houston ISD
NCES district ID
4823640
Math proficiency
27% ▼ -18.00%
Reading proficiency
35% ▼ -6.00%
Median HH income
$46,054
Composite
26.63/100
National rank
#7173
State rank
#593 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)
29,640
Household income
$51,079
Rent vs Own
49.0% rent · 51.0% own
Severe rent burden
1601.0

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
Predominantly Hispanic (81%)
Race & ethnicity
Hispanic / Latino 81% Two or more races 38% White 7% Black 6% Asian 4%
Hispanic origin (detail)
Mexican 65%
Common ancestry
Lithuanian 1%
Foreign-born
39% · Canada, Vietnam
Languages at home
32% English-only · Spanish 63% Vietnamese 4%

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
▼ -76.86%
Current HPI
277.3656
Rent YoY
▲ 0.88%
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

2 events — show timeline
  • 2026-06-08 Listed $160,000 HARMLS
  • 1988-05-11 Sold (Public Records) Public Records

Property tax history

+1.8%/yr

Latest (2025): $3,423 · +10.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…