40 E Broad Oaks DrHoustonTX77056
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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 40 E Broad Oaks Dr, Houston, TX, 77056 earns from $4,663/mo rent with a $6,779/mo payment. Total monthly income totals $4,663/mo. ROI tracks 6.5% on current figures, and rental yield reads 4.04% at a $1,385,000 purchase. Equity gained on principal adds $8,937/yr, and 5% annual appreciation supports $382,650 over five years. Five-year ROI reaches 32.08% and total cumulative return in cash sums $143,954. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,663/mo property income instead of your personal income.
Single Family
Built in 2001
4,416 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77056, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,264 (100%) |
| Owner Occupied HU | 4,757 (29.2%) |
| Renter Occupied HU | 9,065 (55.7%) |
| Vacant Housing Units | 2,442 (15.0%) |
| Median Home Value | $765,546 |
| Average Home Value | $1,010,304 |
Housing Distribution
Address Breakdown
Residential
15,717
Single Family
3,539
Multi-Family
12,178
Businesses
2,208
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Listed by: Barbara Josephson • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #61739944
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