16578 Space Center BlvdHoustonTX77058
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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 16578 Space Center Blvd, Houston, TX, 77058 uses $78,566 cash to close to unlock $18,284/yr annual cash flow and $1,524/mo monthly cash flow. Total monthly income runs $3,444/mo, and a $1,160/mo payment keeps the spread at $1,524/mo. Purchase price stands at $237,000, and rental yield measures 17.44% with $3,444/mo rent. Return on cash invested shows 43.18% in year one, and 5% annual appreciation builds toward $65,479 over five years. Five-year ROI reaches 230.16% and total cumulative return in cash records $180,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,444/mo property income covering a $1,160/mo payment rather than investor’s personal income.
Townhouse
Built in 1976
2,473 sqft lot
$N/A/sqft
$235 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77058, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 3,382 (31.9%) |
| Renter Occupied HU | 6,079 (57.4%) |
| Vacant Housing Units | 1,133 (10.7%) |
| Median Home Value | $306,272 |
| Average Home Value | $351,134 |
Housing Distribution
Address Breakdown
Residential
10,791
Single Family
2,819
Multi-Family
7,972
Businesses
1,562
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Listed by: Nicole Hohman • Nan & Company Properties
Mls Name: HAR
Mls Provider:
Mls ID: #83554597
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