918 Redondo DrHoustonTX77015
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 918 Redondo Dr, Houston, TX, 77015 offers a 10.61% rental yield on a $209,900 purchase with $1,856/mo rent. Total monthly income registers $1,856/mo, and a $1,027/mo payment leaves $364/mo available for distribution. Annual cash flow reaches $4,365/yr on $69,582 to close, and return on cash invested stands at 26.18% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 137.7% and total cumulative return in cash at $95,816. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,856/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
7,196 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77015, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,647 (100%) |
| Owner Occupied HU | 9,361 (47.6%) |
| Renter Occupied HU | 8,742 (44.5%) |
| Vacant Housing Units | 1,544 ( 7.9%) |
| Median Home Value | $189,541 |
| Average Home Value | $256,734 |
Housing Distribution
Address Breakdown
Residential
18,481
Single Family
13,759
Multi-Family
4,722
Businesses
1,566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelia Hall • Alliance Properties
Mls Name: HAR
Mls Provider:
Mls ID: #95910141
Disclaimer: Copyright 2025, 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.