1715 Moritz Dr APT 8HoustonTX77055
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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
Rental property for sale in Houston at 1715 Moritz Dr APT 8, Houston, TX, 77055 generates $948/mo in rent, after a $597/mo payment. Total monthly income is $948/mo. Return on cash invested sits at 14.88% in year one, and rental yield is 9.32% on a $122,000 entry. Equity gained on principal adds $787/yr, while 5% annual appreciation builds toward $33,706 over five years. Five-year ROI reaches 79.84% and total cumulative return in cash sums $32,291. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $948/mo property income rather than buyer’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$250 monthly 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: Suzan Phenicie • Berkshire Hathaway HomeServices Premier Properties
Mls Name: HAR
Mls Provider:
Mls ID: #87005551
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