10968 Cannes Memorial DrHoustonTX77043
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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 10968 Cannes Memorial Dr, Houston, TX, 77043 uses $120,533 cash to close to unlock $5,196/yr annual cash flow and $433/mo monthly cash flow. Total monthly income runs $3,019/mo, and a $1,780/mo payment keeps the spread at $433/mo. Purchase price stands at $363,600, and rental yield measures 9.96% with $3,019/mo rent. Return on cash invested shows 24.22% in year one, and 5% annual appreciation builds toward $100,456 over five years. Five-year ROI reaches 127.2% and total cumulative return in cash records $153,324. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,019/mo property income covering a $1,780/mo payment rather than investor’s personal income.
Single Family
Built in 2020
2,221 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77043, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,986 (100%) |
| Owner Occupied HU | 5,840 (45.0%) |
| Renter Occupied HU | 5,973 (46.0%) |
| Vacant Housing Units | 1,173 ( 9.0%) |
| Median Home Value | $403,744 |
| Average Home Value | $404,316 |
Housing Distribution
Address Breakdown
Residential
11,310
Single Family
6,765
Multi-Family
4,545
Businesses
1,402
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