11011 Stoneridge Canyon CtHoustonTX77089
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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
Rental property for sale in Houston at 11011 Stoneridge Canyon Ct, Houston, TX, 77089 generates $2,885/mo in rent and, after a $1,918/mo payment, leaves $69/mo in cash flow. Total monthly income is $2,885/mo, and annual cash flow is $831/yr on $129,915 invested. Return on cash invested sits at 20.55% in year one, and rental yield is 8.83% on a $391,900 entry. Equity gained on principal adds $2,529/yr, while 5% annual appreciation builds toward $108,275 over five years. Five-year ROI reaches 107.6% and total cumulative return in cash sums $139,793. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,885/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
5,880 sqft lot
$N/A/sqft
$29 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77089, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,319 (100%) |
| Owner Occupied HU | 13,025 (67.4%) |
| Renter Occupied HU | 5,404 (28.0%) |
| Vacant Housing Units | 890 ( 4.6%) |
| Median Home Value | $271,918 |
| Average Home Value | $299,359 |
Housing Distribution
Address Breakdown
Residential
19,373
Single Family
15,205
Multi-Family
4,168
Businesses
689
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