15118 Terrace Oaks DrHoustonTX77068
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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 15118 Terrace Oaks Dr, Houston, TX, 77068 listed at $336,900 pairs $3,452/mo rent with a $1,649/mo payment to leave $1,003/mo cash flow. Total monthly income runs $3,452/mo, and annual cash flow reaches $12,038/yr on $111,682 cash to close. Return on cash invested measures 30.69% in year one, and rental yield registers 12.3% at a $336,900 basis. Equity gained on principal adds $2,174/yr, and annual property appreciation at 5% supports $93,079 by year five. Five-year ROI tracks 162.09% and total cumulative return in cash totals $181,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,452/mo property income relative to a $1,649/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
8,624 sqft lot
$N/A/sqft
$53 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77068, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,000 (100%) |
| Owner Occupied HU | 3,202 (64.0%) |
| Renter Occupied HU | 1,447 (28.9%) |
| Vacant Housing Units | 351 ( 7.0%) |
| Median Home Value | $334,734 |
| Average Home Value | $368,275 |
Housing Distribution
Address Breakdown
Residential
5,220
Single Family
3,620
Multi-Family
1,600
Businesses
732
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