








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Houston at 11711 Memorial Dr APT 534, Houston, TX, 77024 uses $76,245 cash to close to unlock $4,334/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $1,997/mo, and a $1,126/mo payment keeps the spread at $361/mo. Purchase price stands at $230,000, and rental yield measures 10.42% with $1,997/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 134.59% and total cumulative return in cash records $102,619. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,997/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Townhouse
Built in 1977
8.06 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77024, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,636 (100%) |
| Owner Occupied HU | 10,193 (54.7%) |
| Renter Occupied HU | 6,387 (34.3%) |
| Vacant Housing Units | 2,056 (11.0%) |
| Median Home Value | $1,152,422 |
| Average Home Value | $1,270,262 |
Residential
18,464
Single Family
8,893
Multi-Family
9,571
Businesses
2,413
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Alcira Farshad • World Wide Realty,LLC
Mls Name: HAR
Mls ID: #52026079