








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 57, Houston, TX, 77024 earns from $1,531/mo rent with a $974/mo payment. Total monthly income totals $1,531/mo. ROI tracks 11.79% on current figures, and rental yield reads 9.23% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 64.24% and total cumulative return in cash sums $42,378. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,531/mo property income instead of your personal income.
Condo
Built in 1977
6.32 Acres lot
$N/A/sqft
$562 monthly 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 |
|---|---|---|
| 2025-02-07 | Listed for sale | $199,000 |
| 2022-05-31 | Listing removed | N/A |
| 2022-04-25 | Pending sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2002.48 | 14.08% | $221,929 | 5.86% |
| 2023-02-13 | $1755.31 | 8.47% | $209,635 | 10.80% |
| 2022-02-13 | $1618.20 | N/A | $189,197 | 8.78% |



Listed by: Steve Hajizade • Keller Williams Realty Metropolitan
Mls Name: HAR
Mls Provider:
Mls ID: #10289759
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