10101 S Gessner Rd APT 511HoustonTX77071
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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
Investment property for sale in Houston at 10101 S Gessner Rd APT 511, Houston, TX, 77071 offers a 24.29% rental yield on a $108,500 purchase with $2,196/mo rent. Total monthly income registers $2,196/mo, and a $531/mo payment leaves $1,020/mo available for distribution. Annual cash flow reaches $12,246/yr on $35,968 to close, and return on cash invested stands at 53.96% in year one. Equity gained on principal adds $700/yr while 5% annual appreciation supports $29,977 over five years. Portfolio math shows five-year ROI at 291.59% and total cumulative return in cash at $104,877. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,196/mo property income against a $531/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
2.33 Acres lot
$N/A/sqft
$404 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77071, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,132 (100%) |
| Owner Occupied HU | 5,330 (52.6%) |
| Renter Occupied HU | 4,280 (42.2%) |
| Vacant Housing Units | 522 ( 5.2%) |
| Median Home Value | $273,063 |
| Average Home Value | $307,273 |
Housing Distribution
Address Breakdown
Residential
10,557
Single Family
6,009
Multi-Family
4,548
Businesses
453
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Listed by: Nelson Burgos • 5th Stream Realty
Mls Name: HAR
Mls Provider:
Mls ID: #18254499
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