18617 Egret Bay Blvd APT 502HoustonTX77058
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
Investment property for sale in Houston at 18617 Egret Bay Blvd APT 502, Houston, TX, 77058 earns $1,003/mo cash flow from $2,537/mo rent with a $736/mo payment. Total monthly income totals $2,537/mo, and annual cash flow totals $12,030/yr on $49,873 capital. ROI tracks 44.03% on current figures, and rental yield reads 20.24% at a $150,446 purchase. Equity gained on principal adds $971/yr, and 5% annual appreciation supports $41,565 over five years. Five-year ROI reaches 237.51% and total cumulative return in cash sums $118,454. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,537/mo property income instead of your personal income.
Condo
Built in 1983
3.03 Acres lot
$N/A/sqft
$465 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: Kimberly Latiolais-Barratt • Texas United Realty
Mls Name: HAR
Mls Provider:
Mls ID: #47547362
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.