237 Wood Haven DrWest ColumbiaTX77486
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 West Columbia at 237 Wood Haven Dr, West Columbia, TX, 77486 offers $2,366/mo rent that, after a $1,415/mo payment, leaves $260/mo cash flow. Total monthly income is $2,366/mo, and annual cash flow is $3,125/yr on $95,804 cash. Return on cash invested measures 23.17% in year one, and rental yield stands at 9.82% at a $289,000 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,845 by year five. Five-year ROI records 121.8% and total cumulative return in cash reaches $116,690. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,366/mo property income versus a $1,415/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
9,361 sqft lot
$N/A/sqft
$150 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77486, West Columbia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,788 (100%) |
| Owner Occupied HU | 2,692 (71.1%) |
| Renter Occupied HU | 659 (17.4%) |
| Vacant Housing Units | 437 (11.5%) |
| Median Home Value | $302,842 |
| Average Home Value | $340,786 |
Housing Distribution
Address Breakdown
Residential
3,361
Single Family
1,921
Multi-Family
1,440
Businesses
265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittney Bannert • Birdsong Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #25202709
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.