11042 Lafferty Oaks StHoustonTX77013
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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 11042 Lafferty Oaks St, Houston, TX, 77013 generates $1,649/mo in rent and, after a $1,125/mo payment, leaves $15/mo in cash flow. Total monthly income is $1,649/mo, and annual cash flow is $175/yr on $76,178 invested. Return on cash invested sits at 20.14% in year one, and rental yield is 8.61% on a $229,799 entry. Equity gained on principal adds $1,483/yr, while 5% annual appreciation builds toward $63,489 over five years. Five-year ROI reaches 105.29% and total cumulative return in cash sums $80,212. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,649/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
7,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77013, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 2,206 (34.7%) |
| Renter Occupied HU | 3,210 (50.5%) |
| Vacant Housing Units | 938 (14.8%) |
| Median Home Value | $199,519 |
| Average Home Value | $258,229 |
Housing Distribution
Address Breakdown
Residential
6,373
Single Family
2,959
Multi-Family
3,414
Businesses
369
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