18519 Egret Bay Blvd APT 1517HoustonTX77058
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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
Investment property for sale in Houston at 18519 Egret Bay Blvd APT 1517, Houston, TX, 77058 uses $43,925 cash to close to unlock $4,587/yr annual cash flow and $382/mo monthly cash flow. Total monthly income runs $1,622/mo, and a $649/mo payment keeps the spread at $382/mo. Purchase price stands at $132,504, and rental yield measures 14.69% with $1,622/mo rent. Return on cash invested shows 30.35% in year one, and 5% annual appreciation builds toward $36,608 over five years. Five-year ROI reaches 163.09% and total cumulative return in cash records $71,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,622/mo property income covering a $649/mo payment rather than investor’s personal income.
Apartment
Built in 1981
3.08 Acres lot
$N/A/sqft
$297 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
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