12003 Cottage Elm CtHoustonTX77089
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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 12003 Cottage Elm Ct, Houston, TX, 77089 uses $111,053 cash to close to unlock $305/yr annual cash flow and $25/mo monthly cash flow. Total monthly income runs $2,408/mo, and a $1,640/mo payment keeps the spread at $25/mo. Purchase price stands at $335,000, and rental yield measures 8.63% with $2,408/mo rent. Return on cash invested shows 20.18% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 105.55% and total cumulative return in cash records $117,212. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,408/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5,797 sqft lot
$N/A/sqft
No 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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