8611 Riverbend Canyon LnHoustonTX77089
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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 8611 Riverbend Canyon Ln, Houston, TX, 77089 generates $4,108/mo in rent and, after a $1,850/mo payment, leaves $1,370/mo in cash flow. Total monthly income is $4,108/mo, and annual cash flow is $16,441/yr on $125,307 invested. Return on cash invested sits at 33.03% in year one, and rental yield is 13.04% on a $378,000 entry. Equity gained on principal adds $2,439/yr, while 5% annual appreciation builds toward $104,434 over five years. Five-year ROI reaches 174.62% and total cumulative return in cash sums $218,817. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,108/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
5,863 sqft lot
$N/A/sqft
$50 monthly 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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