8206 N Tahoe 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
Investment property for sale in Houston at 8206 N Tahoe Dr, Houston, TX, 77040 uses $356,400 cash to close to unlock $8,360/yr annual cash flow and $697/mo monthly cash flow. Total monthly income runs $8,594/mo, and a $5,384/mo payment keeps the spread at $697/mo. Purchase price stands at $1,100,000, and rental yield measures 9.38% with $8,594/mo rent. Return on cash invested shows 22.72% in year one, and 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 119.12% and total cumulative return in cash records $424,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,594/mo property income covering a $5,384/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.70 Acres lot
$N/A/sqft
$900 annually 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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Listed by: Margaret Ibrahim • M/I Properties
Mls Name: HAR
Mls Provider:
Mls ID: #91384619
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