1111 Hermann Dr UNIT 9AHoustonTX77004
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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 1111 Hermann Dr UNIT 9A, Houston, TX, 77004 at $799,900 posts ROI 16.61% with from $7,609/mo rent. Total monthly income equals $7,609/mo. Return on cash invested measures 16.61% and rental yield reads 11.41% at the current $799,900. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $220,998 by year five. Five-year ROI prints 90.75% and total cumulative return in cash totals $238,812. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,609/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1983
N/A lot
$N/A/sqft
$2,678 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77004, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,427 (100%) |
| Owner Occupied HU | 5,165 (26.6%) |
| Renter Occupied HU | 10,836 (55.8%) |
| Vacant Housing Units | 3,426 (17.6%) |
| Median Home Value | $411,742 |
| Average Home Value | $446,849 |
Housing Distribution
Address Breakdown
Residential
17,148
Single Family
10,181
Multi-Family
6,967
Businesses
1,153
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Listed by: Patricia Reed • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #35549614
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