10718 Boardwalk StHoustonTX77042
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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 10718 Boardwalk St, Houston, TX, 77042 offers a 10.77% rental yield on a $318,999 purchase with $2,862/mo rent. Total monthly income registers $2,862/mo, and a $1,561/mo payment leaves $542/mo available for distribution. Annual cash flow reaches $6,501/yr on $105,748 to close, and return on cash invested stands at 26.06% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 137.23% and total cumulative return in cash at $145,117. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,862/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1976
3,567 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77042, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,063 (100%) |
| Owner Occupied HU | 4,722 (19.6%) |
| Renter Occupied HU | 16,302 (67.7%) |
| Vacant Housing Units | 3,039 (12.6%) |
| Median Home Value | $397,155 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
20,718
Single Family
4,192
Multi-Family
16,526
Businesses
1,720
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Listed by: Rene Sorola • Keller Williams Realty Metropolitan
Mls Name: HAR
Mls Provider:
Mls ID: #18671116
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