12114 Meadow Place DrHoustonTX77071
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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 12114 Meadow Place Dr, Houston, TX, 77071 uses $106,077 cash to close to unlock $7,808/yr annual cash flow and $651/mo monthly cash flow. Total monthly income runs $2,951/mo, and a $1,566/mo payment keeps the spread at $651/mo. Purchase price stands at $319,990, and rental yield measures 11.07% with $2,951/mo rent. Return on cash invested shows 27.27% in year one, and 5% annual appreciation builds toward $88,407 over five years. Five-year ROI reaches 143.62% and total cumulative return in cash records $152,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,951/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1993
4,369 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77071, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,132 (100%) |
| Owner Occupied HU | 5,330 (52.6%) |
| Renter Occupied HU | 4,280 (42.2%) |
| Vacant Housing Units | 522 ( 5.2%) |
| Median Home Value | $273,063 |
| Average Home Value | $307,273 |
Housing Distribution
Address Breakdown
Residential
10,557
Single Family
6,009
Multi-Family
4,548
Businesses
453
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Listed by: Roman Campuzano • Zarco Properties, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #86760418
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