1016 Tri Oaks Ln APT 92HoustonTX77043
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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
Rental property for sale in Houston at 1016 Tri Oaks Ln APT 92, Houston, TX, 77043 generates $1,259/mo in rent and, after a $538/mo payment, leaves $22/mo in cash flow. Total monthly income is $1,259/mo, and annual cash flow is $267/yr on $36,448 invested. Return on cash invested sits at 20.64% in year one, and rental yield is 13.74% on a $109,950 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,377 over five years. Five-year ROI reaches 113.54% and total cumulative return in cash sums $41,384. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,259/mo property income rather than buyer’s personal income.
Condo
Built in 1968
697 sqft lot
$N/A/sqft
$455 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77043, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,986 (100%) |
| Owner Occupied HU | 5,840 (45.0%) |
| Renter Occupied HU | 5,973 (46.0%) |
| Vacant Housing Units | 1,173 ( 9.0%) |
| Median Home Value | $403,744 |
| Average Home Value | $404,316 |
Housing Distribution
Address Breakdown
Residential
11,310
Single Family
6,765
Multi-Family
4,545
Businesses
1,402
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Listed by: Nizar Noor • REALM Real Estate Professionals - Sugar Land
Mls Name: HAR
Mls Provider:
Mls ID: #34853045
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