215 Wood Circle LnHoustonTX77015
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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 215 Wood Circle Ln, Houston, TX, 77015 offers $3,458/mo rent that, after a $1,806/mo payment, leaves $809/mo cash flow. Total monthly income is $3,458/mo, and annual cash flow is $9,709/yr on $122,324 cash. Return on cash invested measures 27.85% in year one, and rental yield stands at 11.25% at a $369,000 entry. Equity gained on principal adds $2,381/yr while 5% annual appreciation compounds into $101,948 by year five. Five-year ROI records 146.73% and total cumulative return in cash reaches $179,487. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,458/mo property income versus a $1,806/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
8,825 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77015, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,647 (100%) |
| Owner Occupied HU | 9,361 (47.6%) |
| Renter Occupied HU | 8,742 (44.5%) |
| Vacant Housing Units | 1,544 ( 7.9%) |
| Median Home Value | $189,541 |
| Average Home Value | $256,734 |
Housing Distribution
Address Breakdown
Residential
18,481
Single Family
13,759
Multi-Family
4,722
Businesses
1,566
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Listed by: Melissa Mukherjee • Bill Chilivetis, LP
Mls Name: HAR
Mls Provider:
Mls ID: #6904400
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