8808 Wateka DrHoustonTX77074
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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 8808 Wateka Dr, Houston, TX, 77074 generates $4,512/mo in rent, after a $5,824/mo payment. Total monthly income is $4,512/mo. Return on cash invested sits at 8.08% in year one, and rental yield is 4.55% on a $1,190,000 entry. Equity gained on principal adds $7,679/yr, while 5% annual appreciation builds toward $328,775 over five years. Five-year ROI reaches 40.54% and total cumulative return in cash sums $156,304. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,512/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77074, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,800 (100%) |
| Owner Occupied HU | 4,392 (27.8%) |
| Renter Occupied HU | 9,971 (63.1%) |
| Vacant Housing Units | 1,437 ( 9.1%) |
| Median Home Value | $240,326 |
| Average Home Value | $263,668 |
Housing Distribution
Address Breakdown
Residential
14,136
Single Family
5,811
Multi-Family
8,325
Businesses
2,034
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