12004 Mighty Oak Dr #BHoustonTX77066
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
Investment property for sale in Houston at 12004 Mighty Oak Dr #B, Houston, TX, 77066 earns $167/mo cash flow from $1,460/mo rent with a $729/mo payment. Total monthly income totals $1,460/mo, and annual cash flow totals $2,001/yr on $49,394 capital. ROI tracks 23.96% on current figures, and rental yield reads 11.76% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 127.85% and total cumulative return in cash sums $63,148. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,460/mo property income instead of your personal income.
Condo
Built in 1973
1,864 sqft lot
$N/A/sqft
$234 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77066, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,519 (100%) |
| Owner Occupied HU | 7,725 (61.7%) |
| Renter Occupied HU | 4,309 (34.4%) |
| Vacant Housing Units | 485 ( 3.9%) |
| Median Home Value | $248,749 |
| Average Home Value | $299,792 |
Housing Distribution
Address Breakdown
Residential
11,082
Single Family
9,578
Multi-Family
1,504
Businesses
862
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Sanchez • Big Lu Real Estate LLC
Mls Name: HAR
Mls Provider:
Mls ID: #93390978
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.