18039 Forest Cedars DrHoustonTX77084
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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 18039 Forest Cedars Dr, Houston, TX, 77084 generates $1,767/mo in rent, after a $1,248/mo payment. Total monthly income is $1,767/mo. Return on cash invested sits at 18.72% in year one, and rental yield is 8.32% on a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 97.92% and total cumulative return in cash sums $82,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,767/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
6,899 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77084, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,024 (100%) |
| Owner Occupied HU | 22,771 (51.7%) |
| Renter Occupied HU | 18,145 (41.2%) |
| Vacant Housing Units | 3,108 ( 7.1%) |
| Median Home Value | $272,729 |
| Average Home Value | $304,445 |
Housing Distribution
Address Breakdown
Residential
40,315
Single Family
27,843
Multi-Family
12,472
Businesses
2,662
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Listed by: AJ Bowen • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #27673829
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