18138 Bal Harbour DrHoustonTX77058
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 10.54% yield at 18138 Bal Harbour Dr, Houston, TX, 77058 in Houston is solid, but the $1,709/mo payment compresses net cash flow to $158/mo at $380,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $104,987 by year five, and $3,500/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.95) without U.S. income documentation. Total projected return: $157,842.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.2% |
| Monthly Cash Flow | $158 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,337 |
| Total Monthly Debt Service | $3,028 |
| DSCR Ratio | 1.10x |
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 1975
2,910 sqft lot
$N/A/sqft
$477 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77058, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 3,382 (31.9%) |
| Renter Occupied HU | 6,079 (57.4%) |
| Vacant Housing Units | 1,133 (10.7%) |
| Median Home Value | $306,272 |
| Average Home Value | $351,134 |
Housing Distribution
Address Breakdown
Residential
10,791
Single Family
2,819
Multi-Family
7,972
Businesses
1,562
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 1975
2,910 sqft lot
$N/A/sqft
$477 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77058, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 3,382 (31.9%) |
| Renter Occupied HU | 6,079 (57.4%) |
| Vacant Housing Units | 1,133 (10.7%) |
| Median Home Value | $306,272 |
| Average Home Value | $351,134 |
Housing Distribution
Address Breakdown
Residential
10,791
Single Family
2,819
Multi-Family
7,972
Businesses
1,562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Vaughn • Coldwell Banker Realty - Houston Bay Area
Mls Name: HAR
Mls Provider:
Mls ID: #90814045
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