10819 Schroeder Oak CtHoustonTX77070
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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 10819 Schroeder Oak Ct, Houston, TX, 77070 priced at $595,000 pairs $8,182/mo rent with $3,951/mo cash flow after a $2,912/mo payment. Total monthly income equals $8,182/mo, and annual cash flow comes to $47,413/yr on $195,755 invested. Return on cash invested is 44.28% in year one, and rental yield stands at 16.5% on a $595,000 basis. Equity gained on principal adds $3,839/yr, and 5% annual appreciation accumulates to $164,388 by year five. Five-year ROI measures 234.74% and total cumulative return in cash reaches $459,518. For financing, Ziffy Mortgage’s DSCR program evaluates $8,182/mo property income against a $2,912/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1907
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77070, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,485 (100%) |
| Owner Occupied HU | 10,944 (44.7%) |
| Renter Occupied HU | 11,655 (47.6%) |
| Vacant Housing Units | 1,886 ( 7.7%) |
| Median Home Value | $303,431 |
| Average Home Value | $367,052 |
Housing Distribution
Address Breakdown
Residential
23,896
Single Family
12,639
Multi-Family
11,257
Businesses
2,542
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Listed by: Nick Roper • JPAR - Fort Worth
Mls Name: HAR
Mls Provider:
Mls ID: #41864650
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