8923 Hendon LnHoustonTX77036
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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 8923 Hendon Ln, Houston, TX, 77036 listed at $299,900 pairs $2,354/mo rent with a $1,468/mo payment to leave $221/mo cash flow. Total monthly income runs $2,354/mo, and annual cash flow reaches $2,655/yr on $99,417 cash to close. Return on cash invested measures 22.58% in year one, and rental yield registers 9.42% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 118.4% and total cumulative return in cash totals $117,712. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,354/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
8,468 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77036, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,980 (100%) |
| Owner Occupied HU | 5,246 (16.4%) |
| Renter Occupied HU | 24,101 (75.4%) |
| Vacant Housing Units | 2,633 ( 8.2%) |
| Median Home Value | $255,723 |
| Average Home Value | $275,133 |
Housing Distribution
Address Breakdown
Residential
29,653
Single Family
5,779
Multi-Family
23,874
Businesses
5,229
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