511 Walston LnHoustonTX77060
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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
Rental property for sale in Houston at 511 Walston Ln, Houston, TX, 77060 priced at $200,000 converts $1,807/mo rent into $314/mo cash flow after a $979/mo obligation. Total monthly income equals $1,807/mo, and annual cash flow totals $3,764/yr on $66,300 invested. Return on cash invested prints 25.59% in year one, and rental yield reads 10.84% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 134.98% and total cumulative return in cash sums $89,492. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,807/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1979
4,251 sqft lot
$N/A/sqft
$71 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77060, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,872 (100%) |
| Owner Occupied HU | 3,434 (20.4%) |
| Renter Occupied HU | 11,801 (69.9%) |
| Vacant Housing Units | 1,637 ( 9.7%) |
| Median Home Value | $158,412 |
| Average Home Value | $224,427 |
Housing Distribution
Address Breakdown
Residential
15,712
Single Family
4,825
Multi-Family
10,887
Businesses
2,209
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