867 Wakefield Dr #DHoustonTX77018
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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 867 Wakefield Dr #D, Houston, TX, 77018 uses $164,059 cash to close to unlock $1,248/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $3,623/mo, and a $2,422/mo payment keeps the spread at $104/mo. Purchase price stands at $494,900, and rental yield measures 8.78% with $3,623/mo rent. Return on cash invested shows 20.67% in year one, and 5% annual appreciation builds toward $136,732 over five years. Five-year ROI reaches 108.12% and total cumulative return in cash records $177,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,623/mo property income covering a $2,422/mo payment rather than investor’s personal income.
Single Family
Built in 2016
2,609 sqft lot
$N/A/sqft
No 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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