12231 Forstall DrHoustonTX77014
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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 12231 Forstall Dr, Houston, TX, 77014 generates $3,989/mo in rent and, after a $1,346/mo payment, leaves $1,997/mo in cash flow. Total monthly income is $3,989/mo, and annual cash flow is $23,966/yr on $91,163 invested. Return on cash invested sits at 46.2% in year one, and rental yield is 17.41% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 245.24% and total cumulative return in cash sums $223,571. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,989/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
5,127 sqft lot
$N/A/sqft
$435 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77014, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,897 (100%) |
| Owner Occupied HU | 5,614 (40.4%) |
| Renter Occupied HU | 7,254 (52.2%) |
| Vacant Housing Units | 1,029 ( 7.4%) |
| Median Home Value | $254,447 |
| Average Home Value | $268,012 |
Housing Distribution
Address Breakdown
Residential
12,827
Single Family
7,161
Multi-Family
5,666
Businesses
841
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Listed by: Tonia Jaeggi • Keller Williams Realty Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #73539502
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