3815 Olde Bourbon LnHoustonTX77018
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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 3815 Olde Bourbon Ln, Houston, TX, 77018 priced at $550,000 pairs $6,068/mo rent with $2,115/mo cash flow after a $2,692/mo payment. Total monthly income equals $6,068/mo, and annual cash flow comes to $25,382/yr on $180,950 invested. Return on cash invested is 34.09% in year one, and rental yield stands at 13.24% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 180.17% and total cumulative return in cash reaches $326,026. For financing, Ziffy Mortgage’s DSCR program evaluates $6,068/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
1,912 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
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Listed by: Dawn Joy • CB&A, Realtors
Mls Name: HAR
Mls Provider:
Mls ID: #35889627
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