1706 Johanna Dr #KHoustonTX77055
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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 1706 Johanna Dr #K, Houston, TX, 77055 listed at $750,000 pairs $7,649/mo rent with a $3,671/mo payment to leave $2,316/mo cash flow. Total monthly income runs $7,649/mo, and annual cash flow reaches $27,786/yr on $246,750 cash to close. Return on cash invested measures 31.32% in year one, and rental yield registers 12.24% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 165.23% and total cumulative return in cash totals $407,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,649/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
3,200 sqft lot
$N/A/sqft
No 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: Brooks Ballard • Engel & Volkers Houston
Mls Name: HAR
Mls Provider:
Mls ID: #9807937
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