12 Lakeview PlHoustonTX77070
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 12 Lakeview Pl, Houston, TX, 77070 priced at $800,000 pairs $3,512/mo rent with after a $3,916/mo payment. Total monthly income equals $3,512/mo. Return on cash invested is 10.13% in year one, and rental yield stands at 5.27% on a $800,000 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $221,025 by year five. Five-year ROI measures 51.6% and total cumulative return in cash reaches $135,824. For financing, Ziffy Mortgage’s DSCR program evaluates $3,512/mo property income against a $3,916/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77070, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,485 (100%) |
| Owner Occupied HU | 10,944 (44.7%) |
| Renter Occupied HU | 11,655 (47.6%) |
| Vacant Housing Units | 1,886 ( 7.7%) |
| Median Home Value | $303,431 |
| Average Home Value | $367,052 |
Housing Distribution
Address Breakdown
Residential
23,896
Single Family
12,639
Multi-Family
11,257
Businesses
2,542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices