Oakridge Plan, Wayside VillageHoustonTX77016
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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 Oakridge Plan, Wayside Village, Houston, TX, 77016 generates $2,264/mo in rent and, after a $1,194/mo payment, leaves $529/mo in cash flow. Total monthly income is $2,264/mo, and annual cash flow is $6,350/yr on $80,883 invested. Return on cash invested sits at 27.76% in year one, and rental yield is 11.13% on a $243,990 entry. Equity gained on principal adds $1,574/yr, while 5% annual appreciation builds toward $67,410 over five years. Five-year ROI reaches 146.19% and total cumulative return in cash sums $118,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,264/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77016, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,727 (100%) |
| Owner Occupied HU | 7,091 (60.5%) |
| Renter Occupied HU | 3,758 (32.0%) |
| Vacant Housing Units | 878 ( 7.5%) |
| Median Home Value | $122,354 |
| Average Home Value | $212,209 |
Housing Distribution
Address Breakdown
Residential
11,431
Single Family
10,633
Multi-Family
798
Businesses
550
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