1711 Old Spanish Trl APT 333HoustonTX77054
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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 1711 Old Spanish Trl APT 333, Houston, TX, 77054 listed at $289,250 pairs $3,583/mo rent with a $1,416/mo payment to leave $958/mo cash flow. Total monthly income runs $3,583/mo, and annual cash flow reaches $11,497/yr on $95,886 cash to close. Return on cash invested measures 31.9% in year one, and rental yield registers 14.86% at a $289,250 basis. Equity gained on principal adds $1,866/yr, and annual property appreciation at 5% supports $79,914 by year five. Five-year ROI tracks 170.97% and total cumulative return in cash totals $163,941. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,583/mo property income relative to a $1,416/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A lot
$N/A/sqft
$560 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77054, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,481 (100%) |
| Owner Occupied HU | 2,282 (13.8%) |
| Renter Occupied HU | 12,097 (73.4%) |
| Vacant Housing Units | 2,102 (12.8%) |
| Median Home Value | $269,018 |
| Average Home Value | $335,532 |
Housing Distribution
Address Breakdown
Residential
16,326
Single Family
683
Multi-Family
15,643
Businesses
1,214
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Listed by: Donna Manley • Manley Realty Svcs PPLC
Mls Name: HAR
Mls Provider:
Mls ID: #17174960
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