12024B Mighty Oak DrHoustonTX77066
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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 12024B Mighty Oak Dr, Houston, TX, 77066 earns $128/mo cash flow from $1,302/mo rent with a $808/mo payment. Total monthly income totals $1,302/mo, and annual cash flow totals $1,539/yr on $54,698 capital. ROI tracks 22.72% on current figures, and rental yield reads 9.47% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 119.24% and total cumulative return in cash sums $65,219. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,302/mo property income instead of your personal income.
Townhouse
Built in 1973
975.74 sqft lot
$N/A/sqft
No 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
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