1243 Candlelight LnHoustonTX77018
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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 1243 Candlelight Ln, Houston, TX, 77018 with 5% annual appreciation on a $1,759,000 basis while $6,647/mo rent supports operations. 03% in year one. Equity gained on principal adds $11,351/yr, and five-year appreciation sums $485,979 alongside rental yield of 4.53%. Five-year ROI measures 40.27% and total cumulative return in cash totals $229,515. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,647/mo property income versus a $8,609/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
7,444 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
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