2011 Spenwick Dr APT 415HoustonTX77055
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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 2011 Spenwick Dr APT 415, Houston, TX, 77055 listed at $123,000 pairs $1,300/mo rent with a $602/mo payment to leave $425/mo cash flow. Total monthly income runs $1,300/mo, and annual cash flow reaches $5,104/yr on $40,775 cash to close. Return on cash invested measures 32.43% in year one, and rental yield registers 12.68% at a $123,000 basis. Equity gained on principal adds $794/yr, and annual property appreciation at 5% supports $33,983 by year five. Five-year ROI tracks 171.29% and total cumulative return in cash totals $69,841. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,300/mo property income relative to a $602/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1983
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77055, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 8,227 (42.6%) |
| Renter Occupied HU | 9,215 (47.7%) |
| Vacant Housing Units | 1,871 ( 9.7%) |
| Median Home Value | $591,200 |
| Average Home Value | $707,973 |
Housing Distribution
Address Breakdown
Residential
19,239
Single Family
10,978
Multi-Family
8,261
Businesses
2,617
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