261 W Spreading Oak DrHoustonTX77076
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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 261 W Spreading Oak Dr, Houston, TX, 77076 uses $90,500 cash to close to unlock $7,738/yr annual cash flow and $645/mo monthly cash flow. Total monthly income runs $2,586/mo, and a $1,336/mo payment keeps the spread at $645/mo. Purchase price stands at $273,000, and rental yield measures 11.37% with $2,586/mo rent. Return on cash invested shows 28.46% in year one, and 5% annual appreciation builds toward $75,425 over five years. Five-year ROI reaches 149.9% and total cumulative return in cash records $135,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,586/mo property income covering a $1,336/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77076, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,368 (100%) |
| Owner Occupied HU | 4,757 (45.9%) |
| Renter Occupied HU | 4,688 (45.2%) |
| Vacant Housing Units | 923 ( 8.9%) |
| Median Home Value | $176,556 |
| Average Home Value | $227,130 |
Housing Distribution
Address Breakdown
Residential
9,945
Single Family
7,220
Multi-Family
2,725
Businesses
1,001
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