1500 Bay Area Blvd #424HoustonTX77058
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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 1500 Bay Area Blvd #424, Houston, TX, 77058 earns $48/mo cash flow from $824/mo rent with a $534/mo payment. Total monthly income totals $824/mo, and annual cash flow totals $581/yr on $36,134 capital. ROI tracks 21.52% on current figures, and rental yield reads 9.07% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 112.81% and total cumulative return in cash sums $40,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $824/mo property income instead of your personal income.
Townhouse
Built in 1978
8.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77058, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 3,382 (31.9%) |
| Renter Occupied HU | 6,079 (57.4%) |
| Vacant Housing Units | 1,133 (10.7%) |
| Median Home Value | $306,272 |
| Average Home Value | $351,134 |
Housing Distribution
Address Breakdown
Residential
10,791
Single Family
2,819
Multi-Family
7,972
Businesses
1,562
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