11835 Westmere 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
Rental property for sale in Houston at 11835 Westmere Dr, Houston, TX, 77077 offers $6,236/mo rent that, after a $2,437/mo payment, leaves $2,654/mo cash flow. Total monthly income is $6,236/mo, and annual cash flow is $31,853/yr on $165,087 cash. Return on cash invested measures 39.2% in year one, and rental yield stands at 15.03% at a $498,000 entry. Equity gained on principal adds $3,214/yr while 5% annual appreciation compounds into $137,588 by year five. Five-year ROI records 207.63% and total cumulative return in cash reaches $342,772. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,236/mo property income versus a $2,437/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
8,311 sqft lot
$N/A/sqft
$488 annually 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
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Listed by: Marie Gilbert • RE/MAX Signature
Mls Name: HAR
Mls Provider:
Mls ID: #10985037
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