15311 Statice TrlHoustonTX77044
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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 15311 Statice Trl, Houston, TX, 77044 offers $3,602/mo rent that, after a $2,040/mo payment, leaves $609/mo cash flow. Total monthly income is $3,602/mo, and annual cash flow is $7,311/yr on $138,182 cash. Return on cash invested measures 25.2% in year one, and rental yield stands at 10.37% at a $416,840 entry. Equity gained on principal adds $2,690/yr while 5% annual appreciation compounds into $115,165 by year five. Five-year ROI records 132.54% and total cumulative return in cash reaches $183,143. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,602/mo property income versus a $2,040/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$345 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77044, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,104 (100%) |
| Owner Occupied HU | 14,332 (71.3%) |
| Renter Occupied HU | 4,865 (24.2%) |
| Vacant Housing Units | 907 ( 4.5%) |
| Median Home Value | $310,214 |
| Average Home Value | $341,856 |
Housing Distribution
Address Breakdown
Residential
19,641
Single Family
17,196
Multi-Family
2,445
Businesses
525
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Listed by: Olga M. Garza • Nan & Company Properties
Mls Name: HAR
Mls Provider:
Mls ID: #36065017
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