2511 Golf Ridge CirHoustonTX77089
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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 2511 Golf Ridge Cir, Houston, TX, 77089 with 5% annual appreciation on a $450,000 basis while $5,322/mo rent supports operations. Total monthly income totals $5,322/mo and a $2,203/mo payment preserves $2,074/mo for cash returns. Annual cash flow comes to $24,888/yr on $149,175 deployed, and return on cash invested reaches 36.59% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 14.19%. Five-year ROI measures 193.64% and total cumulative return in cash totals $288,870.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,322/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
7,318 sqft lot
$N/A/sqft
$570 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77089, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,319 (100%) |
| Owner Occupied HU | 13,025 (67.4%) |
| Renter Occupied HU | 5,404 (28.0%) |
| Vacant Housing Units | 890 ( 4.6%) |
| Median Home Value | $271,918 |
| Average Home Value | $299,359 |
Housing Distribution
Address Breakdown
Residential
19,373
Single Family
15,205
Multi-Family
4,168
Businesses
689
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Listed by: Jane NgaDung Nguyen • Alpha, REALTORS
Mls Name: HAR
Mls Provider:
Mls ID: #64353847
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