11002 Hammerly Blvd APT 27, Houston, TX, 77043 | $115/mo Cash Flow

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11002 Hammerly Blvd APT 27, Houston, TX, 77043 | $115/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Houston at 11002 Hammerly Blvd APT 27, Houston, TX, 77043 offers a 9.35% rental yield on a $169,000 purchase with $1,317/mo rent. Total monthly income registers $1,317/mo, and a $827/mo payment leaves $115/mo available for distribution. Annual cash flow reaches $1,385/yr on $56,024 to close, and return on cash invested stands at 22.38% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 117.35% and total cumulative return in cash at $65,743. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,317/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1975

6.79 Acres lot

$N/A/sqft

No HOA

More details about the property

Gorgeous, highly updated, gated 3 bedroom and two & half bath townhome located on dead-end street. Laminate wood flooring. No carpets! LG stainless steel appliances for LG refrigerator, LG stove, LG dishwasher, microwave and full-size washer and dryer included. Granite countertop along with granite back splash. Granite work desk with new cabinetry in breakfast room. Granite breakfast bar. All bedrooms have ceiling fans. Extra big size of storage room under the stairways. All bills paid except electricity. Nice private patio with storage room. Two assigned covered parking lots and lots of visitor's parking lot available. Secured gated community. Area swimming pool and children's playground. Professionally cleaned and ready for move-in condition! Easy access to beltway 8, Hwy 290, Memorial City mall, City Centre and I-10 frwy. You must see it!!

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