11415 Waterford Spring TrlHoustonTX77047
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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 11415 Waterford Spring Trl, Houston, TX, 77047 with 5% annual appreciation on a $339,995 basis while $4,262/mo rent supports operations. Total monthly income totals $4,262/mo and a $1,664/mo payment preserves $1,744/mo for cash returns. Annual cash flow comes to $20,932/yr on $112,708 deployed, and return on cash invested reaches 38.48% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,934 alongside rental yield of 15.04%. Five-year ROI measures 204.05% and total cumulative return in cash totals $229,985.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,262/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
2,482 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77047, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,307 (100%) |
| Owner Occupied HU | 8,555 (64.3%) |
| Renter Occupied HU | 3,945 (29.6%) |
| Vacant Housing Units | 807 ( 6.1%) |
| Median Home Value | $249,161 |
| Average Home Value | $308,741 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
10,868
Multi-Family
1,754
Businesses
537
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Listed by: Teri Walter • K. Hovnanian Homes
Mls Name: HAR
Mls Provider:
Mls ID: #89690586
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