14515 Wadebridge WayHoustonTX77015
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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 14515 Wadebridge Way, Houston, TX, 77015 uses $62,985 cash to close to unlock $9,886/yr annual cash flow and $824/mo monthly cash flow. Total monthly income runs $2,196/mo, and a $930/mo payment keeps the spread at $824/mo. Purchase price stands at $190,000, and rental yield measures 13.87% with $2,196/mo rent. Return on cash invested shows 35.6% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 188.37% and total cumulative return in cash records $118,644. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,196/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1970
8,058 sqft lot
$N/A/sqft
$21 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77015, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,647 (100%) |
| Owner Occupied HU | 9,361 (47.6%) |
| Renter Occupied HU | 8,742 (44.5%) |
| Vacant Housing Units | 1,544 ( 7.9%) |
| Median Home Value | $189,541 |
| Average Home Value | $256,734 |
Housing Distribution
Address Breakdown
Residential
18,481
Single Family
13,759
Multi-Family
4,722
Businesses
1,566
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