1062 Wheatley Oak LnHoustonTX77091
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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
Investment property for sale in Houston at 1062 Wheatley Oak Ln, Houston, TX, 77091 offers a 8.56% rental yield on a $274,990 purchase with $1,962/mo rent. Total monthly income registers $1,962/mo, and a $1,346/mo payment leaves $6/mo available for distribution. Annual cash flow reaches $77/yr on $91,159 to close, and return on cash invested stands at 19.99% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,975 over five years. Portfolio math shows five-year ROI at 104.53% and total cumulative return in cash at $95,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,962/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77091, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,209 (100%) |
| Owner Occupied HU | 5,453 (44.7%) |
| Renter Occupied HU | 5,792 (47.4%) |
| Vacant Housing Units | 964 ( 7.9%) |
| Median Home Value | $257,704 |
| Average Home Value | $282,929 |
Housing Distribution
Address Breakdown
Residential
11,992
Single Family
6,445
Multi-Family
5,547
Businesses
958
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