1923 Ojeman RdHoustonTX77080
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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 1923 Ojeman Rd, Houston, TX, 77080 with 5% annual appreciation on a $155,000 basis while $1,244/mo rent supports operations. Total monthly income totals $1,244/mo and a $759/mo payment preserves $141/mo for cash returns. Annual cash flow comes to $1,697/yr on $51,383 deployed, and return on cash invested reaches 23.21% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.63%. Five-year ROI measures 121.85% and total cumulative return in cash totals $62,608.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,244/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
1,777 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77080, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 7,781 (39.6%) |
| Renter Occupied HU | 10,027 (51.0%) |
| Vacant Housing Units | 1,864 ( 9.5%) |
| Median Home Value | $364,381 |
| Average Home Value | $391,262 |
Housing Distribution
Address Breakdown
Residential
18,132
Single Family
9,756
Multi-Family
8,376
Businesses
1,051
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Listed by: Jose Luis Salazar • Realty Associates
Mls Name: HAR
Mls Provider:
Mls ID: #27283043
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