16923 Great Oaks Glen DrHoustonTX77083
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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 16923 Great Oaks Glen Dr, Houston, TX, 77083 offers a 9.73% rental yield on a $316,900 purchase with $2,569/mo rent. Total monthly income registers $2,569/mo, and a $1,551/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,450/yr on $105,052 to close, and return on cash invested stands at 23.19% in year one. Equity gained on principal adds $2,045/yr while 5% annual appreciation supports $87,554 over five years. Portfolio math shows five-year ROI at 121.79% and total cumulative return in cash at $127,946. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,569/mo property income against a $1,551/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
$28 monthly 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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