3811 Glenheather DrHoustonTX77068
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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 3811 Glenheather Dr, Houston, TX, 77068 offers a 9.86% rental yield on a $390,000 purchase with $3,203/mo rent. Total monthly income registers $3,203/mo, and a $1,909/mo payment leaves $430/mo available for distribution. Annual cash flow reaches $5,154/yr on $129,285 to close, and return on cash invested stands at 23.9% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 125.44% and total cumulative return in cash at $162,176. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,203/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
9,360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77068, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,000 (100%) |
| Owner Occupied HU | 3,202 (64.0%) |
| Renter Occupied HU | 1,447 (28.9%) |
| Vacant Housing Units | 351 ( 7.0%) |
| Median Home Value | $334,734 |
| Average Home Value | $368,275 |
Housing Distribution
Address Breakdown
Residential
5,220
Single Family
3,620
Multi-Family
1,600
Businesses
732
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