8803 Woodleigh DrHoustonTX77083
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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 8803 Woodleigh Dr, Houston, TX, 77083 priced at $364,950 converts $3,354/mo rent into $731/mo cash flow after a $1,786/mo obligation. Total monthly income equals $3,354/mo, and annual cash flow totals $8,768/yr on $120,981 invested. Return on cash invested prints 27.16% in year one, and rental yield reads 11.03% against a $364,950 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,829 by year five. Five-year ROI reaches 143.02% and total cumulative return in cash sums $173,032. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,354/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 1981
N/A lot
$N/A/sqft
$340 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77083, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,942 (100%) |
| Owner Occupied HU | 14,881 (64.9%) |
| Renter Occupied HU | 7,425 (32.4%) |
| Vacant Housing Units | 636 ( 2.8%) |
| Median Home Value | $257,596 |
| Average Home Value | $292,331 |
Housing Distribution
Address Breakdown
Residential
22,671
Single Family
18,760
Multi-Family
3,911
Businesses
1,018
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Listed by: K.C. Lam • RE/MAX Southwest
Mls Name: HAR
Mls Provider:
Mls ID: #44339133
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