15 Greenway Plz UNIT 24IHoustonTX77046
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
Rental property for sale in Houston at 15 Greenway Plz UNIT 24I, Houston, TX, 77046 generates $2,082/mo in rent, after a $1,023/mo payment. Total monthly income is $2,082/mo. Return on cash invested sits at 12.03% in year one, and rental yield is 11.95% on a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 68.45% and total cumulative return in cash sums $47,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,082/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$947 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77046, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 907 (100%) |
| Owner Occupied HU | 255 (28.1%) |
| Renter Occupied HU | 500 (55.1%) |
| Vacant Housing Units | 152 (16.8%) |
| Median Home Value | $371,212 |
| Average Home Value | $439,725 |
Housing Distribution
Address Breakdown
Residential
1,309
Single Family
0
Multi-Family
1,309
Businesses
424
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Nowak • Purple Real Estate, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #67608555
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.