1600 Post Oak Blvd UNIT 1702HoustonTX77056
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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 1600 Post Oak Blvd UNIT 1702, Houston, TX, 77056 generates $10,556/mo in rent and, after a $4,895/mo payment, leaves $852/mo in cash flow. Total monthly income is $10,556/mo, and annual cash flow is $10,224/yr on $329,000 invested. Return on cash invested sits at 23.17% in year one, and rental yield is 12.67% on a $1,000,000 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation builds toward $276,282 over five years. Five-year ROI reaches 124.92% and total cumulative return in cash sums $410,992. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $10,556/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$2,094 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77056, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,264 (100%) |
| Owner Occupied HU | 4,757 (29.2%) |
| Renter Occupied HU | 9,065 (55.7%) |
| Vacant Housing Units | 2,442 (15.0%) |
| Median Home Value | $765,546 |
| Average Home Value | $1,010,304 |
Housing Distribution
Address Breakdown
Residential
15,717
Single Family
3,539
Multi-Family
12,178
Businesses
2,208
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Listed by: Carlos Cardona • Better Homes and Gardens Real Estate Gary Greene - Downtown
Mls Name: HAR
Mls Provider:
Mls ID: #71084996
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