A Well-Maintained Cypress Classic
A well-maintained Cypress residence offering comfort, functionality, and strong future potential. This 1947-built home features a spacious 1,771 sq ft floor plan with 4 bedrooms and 2 bathrooms on a generous 7,825 sq ft lot. Data sourced from MLS, Zillow, Redfin, realtor.com, and public records.
The list price of $899,900 sits $194,249 below the independent StratMark automated valuation of $1,094,149. This represents a potential 17.8% discount to assessed market value — an unusually wide spread for this submarket. Data sources: StratMark valuations powered by HouseCanary data from MLS, Zillow, Redfin, realtor.com, and public records.
StratMark Valuation
Buyer Offer Analysis
Recent Comparable Sales
| Address | Status | Sale Price | $/ft² | Beds/Baths | GLA | Similarity |
|---|---|---|---|---|---|---|
| 5621 Vonnie Lane | Active | $899,900 | $508 | 4/2 | 1,771 | Subject |
| 5640 Cypress Ave | Sold | $1,025,000 | $598 | 4/2 | 1,714 | 98% |
| 5502 Vonnie Lane | Sold | $945,000 | $542 | 3/2 | 1,742 | 94% |
| 5721 Cypress Ave | Sold | $985,000 | $565 | 4/2 | 1,743 | 96% |
| 5820 Vonnie Lane | Sold | $920,000 | $521 | 3/2 | 1,765 | 92% |
| 5401 Cypress Ave | Sold | $1,050,000 | $612 | 4/2 | 1,716 | 97% |
| 5680 Vonnie Lane | Sold | $975,000 | $555 | 4/2 | 1,755 | 95% |
| 5520 Cypress Ave | Sold | $1,010,000 | $583 | 4/2 | 1,733 | 97% |
| 5750 Vonnie Lane | Sold | $935,000 | $531 | 3/2 | 1,761 | 91% |
Rental Income Potential
Rental Comparables
| Address | Type | Beds/Baths | Sq Ft | Monthly Rent | $/ft² |
|---|---|---|---|---|---|
| 5640 Cypress Ave | SFR | 4/2 | 1,714 | $4,800 | $2.80 |
| 5502 Vonnie Lane | SFR | 3/2 | 1,742 | $4,200 | $2.41 |
| 5721 Cypress Ave | SFR | 4/2 | 1,743 | $5,100 | $2.93 |
| 5820 Vonnie Lane | SFR | 3/2 | 1,765 | $3,900 | $2.21 |
| 5401 Cypress Ave | SFR | 4/2 | 1,716 | $5,200 | $3.03 |
| 5680 Vonnie Lane | SFR | 4/2 | 1,755 | $4,950 | $2.82 |
| 5520 Cypress Ave | SFR | 4/2 | 1,733 | $5,050 | $2.92 |
| 5750 Vonnie Lane | SFR | 3/2 | 1,761 | $4,100 | $2.33 |
ADU Potential
2BR / 1,200 FT²A 2-bedroom, 1,200 sq ft ADU added to the 7,825 sq ft lot would create a meaningful second income stream.
Adding an ADU could generate $31,200–$40,800 annually in gross rental income, compared to $42,120–$64,332 as a single-family home. Combined income potential reaches $73,320–$105,132 annually. Investors should verify local zoning regulations, ADU restrictions, and conversion costs before proceeding.
Triplex Potential 3 × 2BR / 2BA
Converting 5621 Vonnie Lane into a triplex with three 2-bedroom, 2-bathroom units: two units in the main building (~886 sq ft each) and one detached 800 sq ft ADU. This configuration maximizes rental income on the 7,825 sq ft lot.
Unit Configuration
Triplex Rent Scenarios
Combined Triplex Income Potential
Converting to a triplex configuration could generate $162,720–$178,560 annually in gross rental income, compared to $53,220 as a single-family home. This represents a 206–236% increase in annual income potential. Each unit (886 sq ft in main building, 800 sq ft ADU) commands strong rental demand in the Cypress market. Investors should evaluate local zoning, conversion costs, and market demand before proceeding.
Market Risk & Outlook
Market Volatility: Home prices and rental rates fluctuate based on market conditions, inventory levels, economic factors, and interest rates. These fluctuations can occur rapidly and without warning.
Snapshot Information: This report represents a snapshot of current market information as of the date shown. It is not a guarantee of future performance or value appreciation.
Due Diligence: Buyers, sellers, and investors should conduct thorough due diligence, consult with real estate professionals, and verify all information independently before making decisions.
Data Sources: StratMark valuations powered by HouseCanary data from MLS, Zillow, Redfin, realtor.com, and public records.