11009 Panicum CtHoustonTX77086
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 11009 Panicum Ct, Houston, TX, 77086 offers a 10.65% rental yield on a $192,500 purchase with $1,709/mo rent. Total monthly income registers $1,709/mo, and a $942/mo payment leaves $340/mo available for distribution. Annual cash flow reaches $4,083/yr on $63,814 to close, and return on cash invested stands at 26.31% in year one. Equity gained on principal adds $1,242/yr while 5% annual appreciation supports $53,184 over five years. Portfolio math shows five-year ROI at 138.43% and total cumulative return in cash at $88,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,709/mo property income against a $942/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
3,149 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77086, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,341 (100%) |
| Owner Occupied HU | 4,616 (49.4%) |
| Renter Occupied HU | 4,238 (45.4%) |
| Vacant Housing Units | 487 ( 5.2%) |
| Median Home Value | $214,389 |
| Average Home Value | $254,623 |
Housing Distribution
Address Breakdown
Residential
8,631
Single Family
6,758
Multi-Family
1,873
Businesses
1,019
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices