15 Greenway Plz Unit 11AHoustonTX77046
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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
Rental property for sale in Houston at 15 Greenway Plz Unit 11A, Houston, TX, 77046 offers $2,176/mo rent that, after a $1,052/mo payment, leaves $647/mo cash flow. Total monthly income is $2,176/mo, and annual cash flow is $7,769/yr on $71,273 cash. Return on cash invested measures 30.81% in year one, and rental yield stands at 12.15% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 162.54% and total cumulative return in cash reaches $115,849. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,176/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77046, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 907 (100%) |
| Owner Occupied HU | 255 (28.1%) |
| Renter Occupied HU | 500 (55.1%) |
| Vacant Housing Units | 152 (16.8%) |
| Median Home Value | $371,212 |
| Average Home Value | $439,725 |
Housing Distribution
Address Breakdown
Residential
1,309
Single Family
0
Multi-Family
1,309
Businesses
424
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