Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Houston at 1620 Ojeman Rd #A, Houston, TX, 77055 priced at $549,000 pairs $4,153/mo rent with $166/mo cash flow after a $2,687/mo payment. Total monthly income equals $4,153/mo, and annual cash flow comes to $1,989/yr on $180,621 invested. Return on cash invested is 21.16% in year one, and rental yield stands at 9.08% on a $549,000 basis. Equity gained on principal adds $3,543/yr, and 5% annual appreciation accumulates to $151,679 by year five. Five-year ROI measures 110.95% and total cumulative return in cash reaches $200,396. For financing, Ziffy Mortgage’s DSCR program evaluates $4,153/mo property income against a $2,687/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
1,698 sqft lot
$N/A/sqft
$250 quarterly HOA
Neighborhood data shown for ZIP Code: 77055, Houston, TX area.
| 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 |
Residential
19,239
Single Family
10,978
Multi-Family
8,261
Businesses
2,617
Date | Event | Price |
|---|---|---|
| 2024-11-06 | Price change | $549,000 |
| 2024-09-26 | Listed for sale | $560,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $445,000 | 589.88% |
| 2023-12-27 | $680.06 | -1.38% | $64,504 | N/A |
| 2022-12-27 | $689.58 | N/A | $64,504 | N/A |
Listed by: Anne Vastakis • Boulevard Realty
Mls Name: HAR
Mls Provider:
Mls ID: #47381616
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.
