1618 Ojeman Rd #DHoustonTX77055
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 1618 Ojeman Rd #D, Houston, TX, 77055 offers a 8.58% rental yield on a $759,000 purchase with $5,424/mo rent. 79% in year one. Equity gained on principal adds $4,898/yr while 5% annual appreciation supports $209,698 over five years. Portfolio math shows five-year ROI at 103.53% and total cumulative return in cash at $258,527. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,424/mo property income against a $3,715/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1,955 sqft lot
$N/A/sqft
$250 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anne Vastakis • Boulevard Realty
Mls Name: HAR
Mls Provider:
Mls ID: #66692953
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.