11905 Algonquin Dr UNIT 10HoustonTX77089
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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 11905 Algonquin Dr UNIT 10, Houston, TX, 77089 offers a 13.71% rental yield on a $188,600 purchase with $2,154/mo rent. Total monthly income registers $2,154/mo, and a $923/mo payment leaves $813/mo available for distribution. Annual cash flow reaches $9,755/yr on $62,521 to close, and return on cash invested stands at 35.51% in year one. Equity gained on principal adds $1,217/yr while 5% annual appreciation supports $52,107 over five years. Portfolio math shows five-year ROI at 187.7% and total cumulative return in cash at $117,353. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,154/mo property income against a $923/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2010
1,524 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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