12106 Paseo PlHoustonTX77047
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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 12106 Paseo Pl, Houston, TX, 77047 generates $3,217/mo in rent and, after a $1,622/mo payment, leaves $755/mo in cash flow. Total monthly income is $3,217/mo, and annual cash flow is $9,055/yr on $109,826 invested. Return on cash invested sits at 28.15% in year one, and rental yield is 11.65% on a $331,300 entry. Equity gained on principal adds $2,138/yr, while 5% annual appreciation builds toward $91,532 over five years. Five-year ROI reaches 148.71% and total cumulative return in cash sums $163,319. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,217/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
5,728 sqft lot
$N/A/sqft
$106 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77047, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,307 (100%) |
| Owner Occupied HU | 8,555 (64.3%) |
| Renter Occupied HU | 3,945 (29.6%) |
| Vacant Housing Units | 807 ( 6.1%) |
| Median Home Value | $249,161 |
| Average Home Value | $308,741 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
10,868
Multi-Family
1,754
Businesses
537
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