11550 Chimney Rock Rd APT 329HoustonTX77035
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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 11550 Chimney Rock Rd APT 329, Houston, TX, 77035 offers a 11.71% rental yield on a $104,900 purchase with $1,024/mo rent. Total monthly income registers $1,024/mo, and a $513/mo payment leaves $10/mo available for distribution. Annual cash flow reaches $126/yr on $34,774 to close, and return on cash invested stands at 20.27% in year one. Equity gained on principal adds $677/yr while 5% annual appreciation supports $28,982 over five years. Portfolio math shows five-year ROI at 109.41% and total cumulative return in cash at $38,046. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,024/mo property income against a $513/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
7.69 Acres lot
$N/A/sqft
$268 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77035, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,070 (100%) |
| Owner Occupied HU | 5,341 (38.0%) |
| Renter Occupied HU | 7,467 (53.1%) |
| Vacant Housing Units | 1,262 ( 9.0%) |
| Median Home Value | $328,034 |
| Average Home Value | $345,633 |
Housing Distribution
Address Breakdown
Residential
15,713
Single Family
7,397
Multi-Family
8,316
Businesses
794
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Listed by: Guillermo Garza • CDW Group Realtors
Mls Name: HAR
Mls Provider:
Mls ID: #89262116
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