1011 Klamath LnHoustonTX77090
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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 1011 Klamath Ln, Houston, TX, 77090 offers a 14.31% rental yield on a $430,900 purchase with $5,140/mo rent. Total monthly income registers $5,140/mo, and a $2,109/mo payment leaves $2,033/mo available for distribution. Annual cash flow reaches $24,395/yr on $142,843 to close, and return on cash invested stands at 36.99% in year one. Equity gained on principal adds $2,781/yr while 5% annual appreciation supports $119,050 over five years. Portfolio math shows five-year ROI at 195.75% and total cumulative return in cash at $279,621. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,140/mo property income against a $2,109/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
9,073 sqft lot
$N/A/sqft
$515 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77090, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,017 (100%) |
| Owner Occupied HU | 4,192 (23.3%) |
| Renter Occupied HU | 11,791 (65.4%) |
| Vacant Housing Units | 2,034 (11.3%) |
| Median Home Value | $260,624 |
| Average Home Value | $288,247 |
Housing Distribution
Address Breakdown
Residential
17,384
Single Family
5,094
Multi-Family
12,290
Businesses
1,463
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Listed by: Alexa Berrios • RE/MAX Grand
Mls Name: HAR
Mls Provider:
Mls ID: #40579771
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