2211 Wavell StHoustonTX77088
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2211 Wavell St, Houston, TX, 77088 offers $2,711/mo rent that, after a $1,466/mo payment, leaves $581/mo cash flow. Total monthly income is $2,711/mo, and annual cash flow is $6,975/yr on $99,268 cash. Return on cash invested measures 26.94% in year one, and rental yield stands at 10.86% at a $299,450 entry. Equity gained on principal adds $1,932/yr while 5% annual appreciation compounds into $82,733 by year five. Five-year ROI records 141.77% and total cumulative return in cash reaches $140,731. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,711/mo property income versus a $1,466/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
3,741 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77088, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,348 (100%) |
| Owner Occupied HU | 11,008 (56.9%) |
| Renter Occupied HU | 7,238 (37.4%) |
| Vacant Housing Units | 1,102 ( 5.7%) |
| Median Home Value | $222,266 |
| Average Home Value | $280,068 |
Housing Distribution
Address Breakdown
Residential
18,099
Single Family
14,602
Multi-Family
3,497
Businesses
571
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Nearby investment properties with comparable prices
Listed by: Zbigniew Korfel • Texas Signature Realty
Mls Name: HAR
Mls Provider:
Mls ID: #68847142
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