11877 Algonquin DrHoustonTX77089
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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 11877 Algonquin Dr, Houston, TX, 77089 earns $87/mo cash flow from $869/mo rent with a $538/mo payment. Total monthly income totals $869/mo, and annual cash flow totals $1,049/yr on $36,432 capital. ROI tracks 22.79% on current figures, and rental yield reads 9.49% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 119.54% and total cumulative return in cash sums $43,552. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $869/mo property income instead of your personal income.
Townhouse
Built in 1975
1,385 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77089, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,319 (100%) |
| Owner Occupied HU | 13,025 (67.4%) |
| Renter Occupied HU | 5,404 (28.0%) |
| Vacant Housing Units | 890 ( 4.6%) |
| Median Home Value | $271,918 |
| Average Home Value | $299,359 |
Housing Distribution
Address Breakdown
Residential
19,373
Single Family
15,205
Multi-Family
4,168
Businesses
689
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