2002 Ottawa Ln, Houston, TX, 77043 | 6.32% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2002 Ottawa Ln, Houston, TX, 77043 | 6.32% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Houston at 2002 Ottawa Ln, Houston, TX, 77043 generates $2,629/mo in rent, after a $2,442/mo payment. Total monthly income is $2,629/mo. Return on cash invested sits at 13.24% in year one, and rental yield is 6.32% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 68.29% and total cumulative return in cash sums $112,962. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,629/mo property income rather than buyer’s personal income.

Single Family

Built in 1962

8,964 sqft lot

$N/A/sqft

No HOA

More details about the property

Just completed! This impeccably remodeled 3 bedroom, 2 bath home is tucked away in the Shadow Oaks neighborhood and situated on the corner lot of a quiet cul-de-sac. Complete with new electrical wiring, new plumbing including all new underground piping, recessed lighting, an open floorplan, and high end finishes. Custom cabinetry constructed on site and quartz countertops have been installed throughout. The primary bedroom features an en-suite bathroom and a walk-in closet. Beautiful casement windows filter natural light throughout the spacious kitchen that includes ample storage, a gas range, an 8 island that comfortably seats four, and a breakfast nook makes for a natural gathering place. Adjoining the kitchen, is a laundry room and mudroom with a breezeway to the two car garage. Conveniently located near I-10 and Beltway 8. Easy access to Spring Branch and Memorial restaurants/retail and a short bike ride to family friendly Nob Hill Park.

Neighborhood Data

Neighborhood data shown for ZIP Code: 77043, Houston, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,986 (100%)
Owner Occupied HU	5,840 (45.0%)
Renter Occupied HU	5,973 (46.0%)
Vacant Housing Units	1,173 ( 9.0%)
Median Home Value	$403,744
Average Home Value	$404,316