11603 Graywood DrHoustonTX77089
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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 11603 Graywood Dr, Houston, TX, 77089 uses $74,588 cash to close to unlock $7,059/yr annual cash flow and $588/mo monthly cash flow. Total monthly income runs $2,188/mo, and a $1,101/mo payment keeps the spread at $588/mo. Purchase price stands at $225,000, and rental yield measures 11.67% with $2,188/mo rent. Return on cash invested shows 29.37% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 154.86% and total cumulative return in cash records $115,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,188/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1977
8,703 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77089, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,319 (100%) |
| Owner Occupied HU | 13,025 (67.4%) |
| Renter Occupied HU | 5,404 (28.0%) |
| Vacant Housing Units | 890 ( 4.6%) |
| Median Home Value | $271,918 |
| Average Home Value | $299,359 |
Housing Distribution
Address Breakdown
Residential
19,373
Single Family
15,205
Multi-Family
4,168
Businesses
689
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