9212 Wood Beach WayHoustonTX77034
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
Rental property for sale in Houston at 9212 Wood Beach Way, Houston, TX, 77034 priced at $298,200 converts $4,019/mo rent into $1,852/mo cash flow after a $1,460/mo obligation. Total monthly income equals $4,019/mo, and annual cash flow totals $22,226/yr on $98,853 invested. Return on cash invested prints 42.39% in year one, and rental yield reads 16.17% against a $298,200 entry. Equity gained on principal adds $1,924/yr, while 5% annual appreciation compiles into $82,387 by year five. Five-year ROI reaches 224.87% and total cumulative return in cash sums $222,287. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,019/mo property income covering a $1,460/mo payment, not borrower’s personal income.
Single Family
Built in 2021
3,850 sqft lot
$N/A/sqft
$550 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: Angelica Vazquez • City Insight Houston
Mls Name: HAR
Mls Provider:
Mls ID: #96490685
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.