11843 Fairpoint DrHoustonTX77099
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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
Investment property for sale in Houston at 11843 Fairpoint Dr, Houston, TX, 77099 listed at $249,900 pairs $2,327/mo rent with a $1,223/mo payment to leave $517/mo cash flow. Total monthly income runs $2,327/mo, and annual cash flow reaches $6,201/yr on $82,842 cash to close. Return on cash invested measures 27.39% in year one, and rental yield registers 11.17% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 144.36% and total cumulative return in cash totals $119,594. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,327/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
4,399 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77099, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,112 (100%) |
| Owner Occupied HU | 6,620 (38.7%) |
| Renter Occupied HU | 9,454 (55.2%) |
| Vacant Housing Units | 1,038 ( 6.1%) |
| Median Home Value | $195,067 |
| Average Home Value | $263,096 |
Housing Distribution
Address Breakdown
Residential
17,536
Single Family
7,807
Multi-Family
9,729
Businesses
1,447
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Listed by: Hien Nguyen • Watkins Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #45531802
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