1211 Caroline St #1502HoustonTX77046
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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 1211 Caroline St #1502, Houston, TX, 77046 listed at $320,000 pairs $2,381/mo rent with a $1,566/mo payment. Total monthly income runs $2,381/mo. Return on cash invested measures 12.05% in year one, and rental yield registers 8.93% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 65.22% and total cumulative return in cash totals $69,183. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,381/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2018
N/A lot
$N/A/sqft
$800 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77046, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 907 (100%) |
| Owner Occupied HU | 255 (28.1%) |
| Renter Occupied HU | 500 (55.1%) |
| Vacant Housing Units | 152 (16.8%) |
| Median Home Value | $371,212 |
| Average Home Value | $439,725 |
Housing Distribution
Address Breakdown
Residential
1,309
Single Family
0
Multi-Family
1,309
Businesses
424
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Listed by: Rochelle Jones • Aplomb Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #95618656
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