12243 Carola Forest DrHoustonTX77044
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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 12243 Carola Forest Dr, Houston, TX, 77044 offers a 13.67% rental yield on a $167,600 purchase with $1,909/mo rent. Total monthly income registers $1,909/mo, and a $820/mo payment leaves $689/mo available for distribution. Annual cash flow reaches $8,274/yr on $55,559 to close, and return on cash invested stands at 34.8% in year one. Equity gained on principal adds $1,082/yr while 5% annual appreciation supports $46,305 over five years. Portfolio math shows five-year ROI at 184.19% and total cumulative return in cash at $102,336. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,909/mo property income against a $820/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
6,240 sqft lot
$N/A/sqft
$28 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77044, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,104 (100%) |
| Owner Occupied HU | 14,332 (71.3%) |
| Renter Occupied HU | 4,865 (24.2%) |
| Vacant Housing Units | 907 ( 4.5%) |
| Median Home Value | $310,214 |
| Average Home Value | $341,856 |
Housing Distribution
Address Breakdown
Residential
19,641
Single Family
17,196
Multi-Family
2,445
Businesses
525
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