18607 Upper Bay RdHoustonTX77058
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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 18607 Upper Bay Rd, Houston, TX, 77058 priced at $1,145,000 converts $4,860/mo rent into after a $5,604/mo obligation. Total monthly income equals $4,860/mo. Return on cash invested prints 9.7% in year one, and rental yield reads 5.09% against a $1,145,000 entry. Equity gained on principal adds $7,389/yr, while 5% annual appreciation compiles into $316,342 by year five. Five-year ROI reaches 49.24% and total cumulative return in cash sums $182,676. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,860/mo property income covering a $5,604/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.47 Acres lot
$N/A/sqft
$205 annually 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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Listed by: Carrie Nelson • Better Homes and Gardens Real Estate Gary Greene - Bay Area
Mls Name: HAR
Mls Provider:
Mls ID: #11126709
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