1817 Oakdale StHoustonTX77004
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
Investment Highlights
Rental property for sale in Houston at 1817 Oakdale St, Houston, TX, 77004 priced at $458,000 pairs $5,660/mo rent with $2,353/mo cash flow after a $2,242/mo payment. Total monthly income equals $5,660/mo, and annual cash flow comes to $28,233/yr on $151,827 invested. Return on cash invested is 38.5% in year one, and rental yield stands at 14.83% on a $458,000 basis. Equity gained on principal adds $2,955/yr, and 5% annual appreciation accumulates to $126,537 by year five. Five-year ROI measures 203.91% and total cumulative return in cash reaches $309,585. For financing, Ziffy Mortgage’s DSCR program evaluates $5,660/mo property income against a $2,242/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2012
2,225 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77004, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,427 (100%) |
| Owner Occupied HU | 5,165 (26.6%) |
| Renter Occupied HU | 10,836 (55.8%) |
| Vacant Housing Units | 3,426 (17.6%) |
| Median Home Value | $411,742 |
| Average Home Value | $446,849 |
Housing Distribution
Address Breakdown
Residential
17,148
Single Family
10,181
Multi-Family
6,967
Businesses
1,153
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Outlaw • Real Broker, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #17644401
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.