8033 Oakwood Forest DrHoustonTX77040
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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 8033 Oakwood Forest Dr, Houston, TX, 77040 generates $2,746/mo in rent and, after a $1,555/mo payment, leaves $357/mo in cash flow. Total monthly income is $2,746/mo, and annual cash flow is $4,279/yr on $105,351 invested. Return on cash invested sits at 23.97% in year one, and rental yield is 10.37% on a $317,800 entry. Equity gained on principal adds $2,051/yr, while 5% annual appreciation builds toward $87,802 over five years. Five-year ROI reaches 126.39% and total cumulative return in cash sums $133,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,746/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
3,484 sqft lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77040, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,233 (100%) |
| Owner Occupied HU | 9,849 (51.2%) |
| Renter Occupied HU | 8,583 (44.6%) |
| Vacant Housing Units | 801 ( 4.2%) |
| Median Home Value | $296,605 |
| Average Home Value | $322,592 |
Housing Distribution
Address Breakdown
Residential
18,335
Single Family
11,467
Multi-Family
6,868
Businesses
2,235
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