1206 Oak Meadows StHoustonTX77017
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1206 Oak Meadows St, Houston, TX, 77017 offers a 10.69% rental yield on a $239,900 purchase with $2,138/mo rent. Total monthly income registers $2,138/mo, and a $1,174/mo payment leaves $432/mo available for distribution. Annual cash flow reaches $5,187/yr on $79,527 to close, and return on cash invested stands at 26.43% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 139.06% and total cumulative return in cash at $110,587. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,138/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77017, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,127 (100%) |
| Owner Occupied HU | 5,115 (46.0%) |
| Renter Occupied HU | 5,105 (45.9%) |
| Vacant Housing Units | 907 ( 8.2%) |
| Median Home Value | $205,679 |
| Average Home Value | $244,089 |
Housing Distribution
Address Breakdown
Residential
10,793
Single Family
7,223
Multi-Family
3,570
Businesses
951
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Holub • Traditions Realty
Mls Name: HAR
Mls Provider:
Mls ID: #56471155
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.