1500 Bay Area Blvd #433HoustonTX77058
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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
Rental property for sale in Houston at 1500 Bay Area Blvd #433, Houston, TX, 77058 generates $1,768/mo in rent and, after a $591/mo payment, leaves $476/mo in cash flow. Total monthly income is $1,768/mo, and annual cash flow is $5,714/yr on $40,052 invested. Return on cash invested sits at 34.18% in year one, and rental yield is 17.56% on a $120,822 entry. Equity gained on principal adds $780/yr, while 5% annual appreciation builds toward $33,381 over five years. Five-year ROI reaches 185.37% and total cumulative return in cash sums $74,245. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,768/mo property income rather than buyer’s personal income.
Condo
Built in 1978
8.49 Acres lot
$N/A/sqft
$433 monthly 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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