8111 Ivan Reid DrHoustonTX77040
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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 8111 Ivan Reid Dr, Houston, TX, 77040 uses $134,258 cash to close to unlock $9,435/yr annual cash flow and $786/mo monthly cash flow. Total monthly income runs $3,666/mo, and a $1,982/mo payment keeps the spread at $786/mo. Purchase price stands at $405,000, and rental yield measures 10.86% with $3,666/mo rent. Return on cash invested shows 26.94% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 141.76% and total cumulative return in cash records $190,322. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,666/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 1976
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77040, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,233 (100%) |
| Owner Occupied HU | 9,849 (51.2%) |
| Renter Occupied HU | 8,583 (44.6%) |
| Vacant Housing Units | 801 ( 4.2%) |
| Median Home Value | $296,605 |
| Average Home Value | $322,592 |
Housing Distribution
Address Breakdown
Residential
18,335
Single Family
11,467
Multi-Family
6,868
Businesses
2,235
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