12118 Long Oak CtHoustonTX77070
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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 12118 Long Oak Ct, Houston, TX, 77070 at $346,200 posts ROI 23.67% with $360/mo cash flow from $2,821/mo rent. Total monthly income equals $2,821/mo, and annual cash flow records $4,315/yr on $114,765 to close. Return on cash invested measures 23.67% and rental yield reads 9.78% at the current $346,200. Equity gained on principal adds $2,234/yr, and 5% annual appreciation supports $95,649 by year five. Five-year ROI prints 124.23% and total cumulative return in cash totals $142,569.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,821/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77070, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,485 (100%) |
| Owner Occupied HU | 10,944 (44.7%) |
| Renter Occupied HU | 11,655 (47.6%) |
| Vacant Housing Units | 1,886 ( 7.7%) |
| Median Home Value | $303,431 |
| Average Home Value | $367,052 |
Housing Distribution
Address Breakdown
Residential
23,896
Single Family
12,639
Multi-Family
11,257
Businesses
2,542
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