18800 Egret Bay Blvd APT 809HoustonTX77058
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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 18800 Egret Bay Blvd APT 809, Houston, TX, 77058 earns $833/mo cash flow from $1,942/mo rent with a $587/mo payment. Total monthly income totals $1,942/mo, and annual cash flow totals $9,999/yr on $39,747 capital. ROI tracks 45.06% on current figures, and rental yield reads 19.44% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 241.83% and total cumulative return in cash sums $96,120. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,942/mo property income instead of your personal income.
Condo
Built in 1983
14.04 Acres lot
$N/A/sqft
$256 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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Listed by: Matthew Wigtil • RE/MAX Synergy
Mls Name: HAR
Mls Provider:
Mls ID: #86976012
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