7836 Bateman Ln #7836HoustonTX77088
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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 7836 Bateman Ln #7836, Houston, TX, 77088 generates $1,316/mo in rent, after a $856/mo payment. Total monthly income is $1,316/mo. Return on cash invested sits at 19.75% in year one, and rental yield is 9.03% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 103.86% and total cumulative return in cash sums $60,216. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,316/mo property income rather than buyer’s personal income.
Townhouse
Built in 1978
1,547 sqft lot
$N/A/sqft
$80 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77088, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,348 (100%) |
| Owner Occupied HU | 11,008 (56.9%) |
| Renter Occupied HU | 7,238 (37.4%) |
| Vacant Housing Units | 1,102 ( 5.7%) |
| Median Home Value | $222,266 |
| Average Home Value | $280,068 |
Housing Distribution
Address Breakdown
Residential
18,099
Single Family
14,602
Multi-Family
3,497
Businesses
571
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Listed by: Bassma Taljeh • Texas United Realty
Mls Name: HAR
Mls Provider:
Mls ID: #8960753
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