11031 Heron Village DrHoustonTX77064
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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 11031 Heron Village Dr, Houston, TX, 77064 uses $129,285 cash to close to unlock $11,478/yr annual cash flow and $957/mo monthly cash flow. Total monthly income runs $3,730/mo, and a $1,909/mo payment keeps the spread at $957/mo. Purchase price stands at $389,999, and rental yield measures 11.48% with $3,730/mo rent. Return on cash invested shows 28.79% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 151.68% and total cumulative return in cash records $196,100. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,730/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5,828 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77064, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 10,077 (59.9%) |
| Renter Occupied HU | 6,068 (36.1%) |
| Vacant Housing Units | 671 ( 4.0%) |
| Median Home Value | $266,392 |
| Average Home Value | $279,106 |
Housing Distribution
Address Breakdown
Residential
16,818
Single Family
12,390
Multi-Family
4,428
Businesses
1,219
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