12306 Ormandy StHoustonTX77085
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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
Total monthly income runs $1,202/mo, and a $1,688/mo payment. Purchase price stands at $344,800, and rental yield measures 4.18% with $1,202/mo rent. Return on cash invested shows 6.78% in year one, and 5% annual appreciation builds toward $95,262 over five years. Five-year ROI reaches 33.67% and total cumulative return in cash records $38,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,202/mo property income covering a $1,688/mo payment rather than investor’s personal income.
Multi Family
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77085, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,043 (100%) |
| Owner Occupied HU | 3,559 (58.9%) |
| Renter Occupied HU | 2,320 (38.4%) |
| Vacant Housing Units | 164 ( 2.7%) |
| Median Home Value | $214,051 |
| Average Home Value | $275,747 |
Housing Distribution
Address Breakdown
Residential
5,944
Single Family
4,676
Multi-Family
1,268
Businesses
292
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