608 Oakley StHoustonTX77006
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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 Houston at 608 Oakley St, Houston, TX, 77006 offers $5,279/mo rent that, after a $3,132/mo payment, leaves $728/mo cash flow. Total monthly income is $5,279/mo, and annual cash flow is $8,740/yr on $210,560 cash. Return on cash invested measures 24.21% in year one, and rental yield stands at 9.9% at a $640,000 entry. Equity gained on principal adds $4,130/yr while 5% annual appreciation compounds into $176,820 by year five. Five-year ROI records 127.11% and total cumulative return in cash reaches $267,642. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,279/mo property income versus a $3,132/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
1,424 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,048 (100%) |
| Owner Occupied HU | 4,703 (29.3%) |
| Renter Occupied HU | 9,510 (59.3%) |
| Vacant Housing Units | 1,835 (11.4%) |
| Median Home Value | $584,748 |
| Average Home Value | $699,120 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
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