16138 Barbarossa DrHoustonTX77083
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 16138 Barbarossa Dr, Houston, TX, 77083 uses $79,394 cash to close to unlock $6,373/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $2,246/mo, and a $1,172/mo payment keeps the spread at $531/mo. Purchase price stands at $239,500, and rental yield measures 11.25% with $2,246/mo rent. Return on cash invested shows 27.94% in year one, and 5% annual appreciation builds toward $66,169 over five years. Five-year ROI reaches 147.22% and total cumulative return in cash records $116,881. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,246/mo property income covering a $1,172/mo payment rather than investor’s personal income.
Single Family
Built in 1982
5,793 sqft lot
$N/A/sqft
$144 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77083, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,942 (100%) |
| Owner Occupied HU | 14,881 (64.9%) |
| Renter Occupied HU | 7,425 (32.4%) |
| Vacant Housing Units | 636 ( 2.8%) |
| Median Home Value | $257,596 |
| Average Home Value | $292,331 |
Housing Distribution
Address Breakdown
Residential
22,671
Single Family
18,760
Multi-Family
3,911
Businesses
1,018
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Listed by: Tracy Pham • KA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #68590628
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