1900 Bay Area Blvd APT N237HoustonTX77058
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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 1900 Bay Area Blvd APT N237, Houston, TX, 77058 generates $832/mo in rent, after a $538/mo payment. Total monthly income is $832/mo. Return on cash invested sits at 6.75% in year one, and rental yield is 9.08% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 38.96% and total cumulative return in cash sums $14,208. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $832/mo property income rather than buyer’s personal income.
Condo
Built in 1975
6.12 Acres lot
$N/A/sqft
$450 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: Nikoya Jones • Fathom Realty
Mls Name: HAR
Mls Provider:
Mls ID: #22981396
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