1500 Bay Area Blvd #V424HoustonTX77058
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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 #V424, Houston, TX, 77058 listed at $127,500 pairs $2,396/mo rent with a $624/mo payment to leave $1,076/mo cash flow. Total monthly income runs $2,396/mo, and annual cash flow reaches $12,916/yr on $42,266 cash to close. Return on cash invested measures 50.47% in year one, and rental yield registers 22.55% at a $127,500 basis. Equity gained on principal adds $823/yr, and annual property appreciation at 5% supports $35,226 by year five. Five-year ROI tracks 272.24% and total cumulative return in cash totals $115,066. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,396/mo property income relative to a $624/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
8.49 Acres lot
$N/A/sqft
$413 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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Listed by: Brian Pena • UTR TEXAS, REALTORS
Mls Name: HAR
Mls Provider:
Mls ID: #23893823
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