The Augusta Plan, Anderson LakesHoustonTX77053
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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 The Augusta Plan, Anderson Lakes, Houston, TX, 77053 priced at $300,990 converts $2,371/mo rent into $181/mo cash flow after a $1,473/mo obligation. Total monthly income equals $2,371/mo, and annual cash flow totals $2,170/yr on $99,778 invested. Return on cash invested prints 22.08% in year one, and rental yield reads 9.45% against a $300,990 entry. Equity gained on principal adds $1,942/yr, while 5% annual appreciation compiles into $83,158 by year five. Five-year ROI reaches 115.94% and total cumulative return in cash sums $115,679. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,371/mo property income covering a $1,473/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77053, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,864 (100%) |
| Owner Occupied HU | 6,460 (65.5%) |
| Renter Occupied HU | 3,146 (31.9%) |
| Vacant Housing Units | 258 ( 2.6%) |
| Median Home Value | $172,252 |
| Average Home Value | $231,531 |
Housing Distribution
Address Breakdown
Residential
9,800
Single Family
9,415
Multi-Family
385
Businesses
369
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