826 Wakefield Dr UNIT AHoustonTX77018
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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 826 Wakefield Dr UNIT A, Houston, TX, 77018 priced at $619,000 converts $4,624/mo rent into $72/mo cash flow after a $3,030/mo obligation. Total monthly income equals $4,624/mo, and annual cash flow totals $863/yr on $203,651 invested. Return on cash invested prints 20.48% in year one, and rental yield reads 8.96% against a $619,000 entry. Equity gained on principal adds $3,994/yr, while 5% annual appreciation compiles into $171,018 by year five. Five-year ROI reaches 107.43% and total cumulative return in cash sums $218,773. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,624/mo property income covering a $3,030/mo payment, not borrower’s personal income.
Single Family
Built in 2022
2,430 sqft lot
$N/A/sqft
$1,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
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Listed by: Matthew Gullo • Keller Williams Realty Metropolitan
Mls Name: HAR
Mls Provider:
Mls ID: #38341495
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