11611 Sagecanyon DrHoustonTX77089
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 11611 Sagecanyon Dr, Houston, TX, 77089 generates $3,096/mo in rent and, after a $1,525/mo payment, leaves $853/mo in cash flow. Total monthly income is $3,096/mo, and annual cash flow is $10,231/yr on $103,262 invested. Return on cash invested sits at 29.82% in year one, and rental yield is 11.93% on a $311,500 entry. Equity gained on principal adds $2,010/yr, while 5% annual appreciation builds toward $86,062 over five years. Five-year ROI reaches 157.32% and total cumulative return in cash sums $162,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,096/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
7,474 sqft lot
$N/A/sqft
$335 annually 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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Listed by: Juan Guerrero • FirstRateRealty Group
Mls Name: HAR
Mls Provider:
Mls ID: #23115969
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