17517 Red Oak Dr #7517HoustonTX77090
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 17517 Red Oak Dr #7517, Houston, TX, 77090 in Houston hard to pass up. The 22.52% gross yield on a $104,600 purchase results in $1,963/mo in rent and $873/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (4.18). Annual cash flow of $10,480, five-year appreciation of $28,899, and $963/yr in equity build-up combine for a projected total cumulative return of $97,852.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.5% | 6.2% |
| Monthly Cash Flow | $873 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,963 |
| Total Monthly Debt Service | $1,048 |
| DSCR Ratio | 1.87x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
$346 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77090, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,017 (100%) |
| Owner Occupied HU | 4,192 (23.3%) |
| Renter Occupied HU | 11,791 (65.4%) |
| Vacant Housing Units | 2,034 (11.3%) |
| Median Home Value | $260,624 |
| Average Home Value | $288,247 |
Housing Distribution
Address Breakdown
Residential
17,384
Single Family
5,094
Multi-Family
12,290
Businesses
1,463
Nearby investment properties with comparable rents
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
Townhouse
Built in 1983
N/A lot
$N/A/sqft
$346 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77090, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,017 (100%) |
| Owner Occupied HU | 4,192 (23.3%) |
| Renter Occupied HU | 11,791 (65.4%) |
| Vacant Housing Units | 2,034 (11.3%) |
| Median Home Value | $260,624 |
| Average Home Value | $288,247 |
Housing Distribution
Address Breakdown
Residential
17,384
Single Family
5,094
Multi-Family
12,290
Businesses
1,463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices