722 Odessa CtHoustonTX77060
Nearby investment properties with comparable rents
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 722 Odessa Ct, Houston, TX, 77060 priced at $158,000 converts $1,239/mo rent into $116/mo cash flow after a $773/mo obligation. Total monthly income equals $1,239/mo, and annual cash flow totals $1,389/yr on $52,377 invested. Return on cash invested prints 22.56% in year one, and rental yield reads 9.41% against a $158,000 entry. Equity gained on principal adds $1,020/yr, while 5% annual appreciation compiles into $43,652 by year five. Five-year ROI reaches 118.28% and total cumulative return in cash sums $61,954. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,239/mo property income covering a $773/mo payment, not borrower’s personal income.
Single Family
Built in 1979
4,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77060, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,872 (100%) |
| Owner Occupied HU | 3,434 (20.4%) |
| Renter Occupied HU | 11,801 (69.9%) |
| Vacant Housing Units | 1,637 ( 9.7%) |
| Median Home Value | $158,412 |
| Average Home Value | $224,427 |
Housing Distribution
Address Breakdown
Residential
15,712
Single Family
4,825
Multi-Family
10,887
Businesses
2,209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices