11707 Steamboat Springs DrHoustonTX77067
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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 11707 Steamboat Springs Dr, Houston, TX, 77067 generates $1,569/mo in rent and, after a $978/mo payment, leaves $148/mo in cash flow. Total monthly income is $1,569/mo, and annual cash flow is $1,775/yr on $66,267 invested. Return on cash invested sits at 22.59% in year one, and rental yield is 9.42% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 118.41% and total cumulative return in cash sums $78,469. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,569/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77067, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,363 (100%) |
| Owner Occupied HU | 4,473 (43.2%) |
| Renter Occupied HU | 5,243 (50.6%) |
| Vacant Housing Units | 647 ( 6.2%) |
| Median Home Value | $211,846 |
| Average Home Value | $237,013 |
Housing Distribution
Address Breakdown
Residential
10,590
Single Family
5,689
Multi-Family
4,901
Businesses
642
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