11622 Cherryknoll DrHoustonTX77077
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
Investment property for sale in Houston at 11622 Cherryknoll Dr, Houston, TX, 77077 earns $650/mo cash flow from $3,814/mo rent with a $2,178/mo payment. Total monthly income totals $3,814/mo, and annual cash flow totals $7,798/yr on $147,484 capital. ROI tracks 25.2% on current figures, and rental yield reads 10.29% at a $444,900 purchase. Equity gained on principal adds $2,871/yr, and 5% annual appreciation supports $122,918 over five years. Five-year ROI reaches 132.4% and total cumulative return in cash sums $195,277. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,814/mo property income instead of your personal income.
Single Family
Built in 1978
9,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77077, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,203 (100%) |
| Owner Occupied HU | 10,197 (34.9%) |
| Renter Occupied HU | 16,666 (57.1%) |
| Vacant Housing Units | 2,340 ( 8.0%) |
| Median Home Value | $386,362 |
| Average Home Value | $454,304 |
Housing Distribution
Address Breakdown
Residential
30,466
Single Family
10,107
Multi-Family
20,359
Businesses
1,724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices