357 N Post Oak Ln APT 217HoustonTX77024
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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 357 N Post Oak Ln APT 217, Houston, TX, 77024 offers a 15.23% rental yield on a $147,000 purchase with $1,866/mo rent. Total monthly income registers $1,866/mo, and a $719/mo payment leaves $178/mo available for distribution. Annual cash flow reaches $2,138/yr on $48,731 to close, and return on cash invested stands at 24.3% in year one. Equity gained on principal adds $949/yr while 5% annual appreciation supports $40,613 over five years. Portfolio math shows five-year ROI at 133.39% and total cumulative return in cash at $65,004. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,866/mo property income against a $719/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
6.99 Acres lot
$N/A/sqft
$643 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77024, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,636 (100%) |
| Owner Occupied HU | 10,193 (54.7%) |
| Renter Occupied HU | 6,387 (34.3%) |
| Vacant Housing Units | 2,056 (11.0%) |
| Median Home Value | $1,152,422 |
| Average Home Value | $1,270,262 |
Housing Distribution
Address Breakdown
Residential
18,464
Single Family
8,893
Multi-Family
9,571
Businesses
2,413
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Listed by: Emmanuel Thompson • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #66843318
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