1618 Ojeman Rd #BHoustonTX77055
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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 1618 Ojeman Rd #B, Houston, TX, 77055 earns $2,931/mo cash flow from $8,542/mo rent with a $3,793/mo payment. Total monthly income totals $8,542/mo, and annual cash flow totals $35,173/yr on $254,975 capital. ROI tracks 33.85% on current figures, and rental yield reads 13.23% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 178.99% and total cumulative return in cash sums $456,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,542/mo property income instead of your personal income.
Single Family
Built in 2024
2,099 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77055, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 8,227 (42.6%) |
| Renter Occupied HU | 9,215 (47.7%) |
| Vacant Housing Units | 1,871 ( 9.7%) |
| Median Home Value | $591,200 |
| Average Home Value | $707,973 |
Housing Distribution
Address Breakdown
Residential
19,239
Single Family
10,978
Multi-Family
8,261
Businesses
2,617
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Listed by: Anne Vastakis • Boulevard Realty
Mls Name: HAR
Mls Provider:
Mls ID: #42188243
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