11610 Texas Spring DrHoustonTX77048
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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 11610 Texas Spring Dr, Houston, TX, 77048 generates $2,694/mo in rent and, after a $1,722/mo payment, leaves $192/mo in cash flow. Total monthly income is $2,694/mo, and annual cash flow is $2,303/yr on $116,655 invested. Return on cash invested sits at 21.88% in year one, and rental yield is 9.19% on a $351,900 entry. Equity gained on principal adds $2,271/yr, while 5% annual appreciation builds toward $97,223 over five years. Five-year ROI reaches 114.62% and total cumulative return in cash sums $133,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,694/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
4,351 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77048, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,242 (100%) |
| Owner Occupied HU | 4,953 (53.6%) |
| Renter Occupied HU | 3,499 (37.9%) |
| Vacant Housing Units | 790 ( 8.5%) |
| Median Home Value | $221,333 |
| Average Home Value | $259,997 |
Housing Distribution
Address Breakdown
Residential
8,553
Single Family
6,769
Multi-Family
1,784
Businesses
208
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Listed by: Jack Lipar • LGI Homes
Mls Name: HAR
Mls Provider:
Mls ID: #94884604
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