9051 Wald RdHoustonTX77034
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9051 Wald Rd, Houston, TX, 77034 uses $88,013 cash to close to unlock $19,075/yr annual cash flow and $1,590/mo monthly cash flow. Total monthly income runs $3,500/mo, and a $1,299/mo payment keeps the spread at $1,590/mo. Purchase price stands at $265,500, and rental yield measures 15.82% with $3,500/mo rent. Return on cash invested shows 41.58% in year one, and 5% annual appreciation builds toward $73,353 over five years. Five-year ROI reaches 220.39% and total cumulative return in cash records $193,972. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,500/mo property income covering a $1,299/mo payment rather than investor’s personal income.
Single Family
Built in 2002
3,519 sqft lot
$N/A/sqft
$275 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77034, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,197 (100%) |
| Owner Occupied HU | 6,048 (45.8%) |
| Renter Occupied HU | 5,720 (43.3%) |
| Vacant Housing Units | 1,429 (10.8%) |
| Median Home Value | $217,337 |
| Average Home Value | $231,408 |
Housing Distribution
Address Breakdown
Residential
13,621
Single Family
7,438
Multi-Family
6,183
Businesses
1,234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jayendra Patel • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #29797304
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.