12307 Westmere DrHoustonTX77077
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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 12307 Westmere Dr, Houston, TX, 77077 generates $4,181/mo in rent and, after a $2,589/mo payment, leaves $362/mo in cash flow. Total monthly income is $4,181/mo, and annual cash flow is $4,348/yr on $174,041 invested. Return on cash invested sits at 22.56% in year one, and rental yield is 9.48% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 118.4% and total cumulative return in cash sums $206,057. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,181/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
10,127 sqft lot
$N/A/sqft
$685 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77077, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,203 (100%) |
| Owner Occupied HU | 10,197 (34.9%) |
| Renter Occupied HU | 16,666 (57.1%) |
| Vacant Housing Units | 2,340 ( 8.0%) |
| Median Home Value | $386,362 |
| Average Home Value | $454,304 |
Housing Distribution
Address Breakdown
Residential
30,466
Single Family
10,107
Multi-Family
20,359
Businesses
1,724
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Listed by: Rong He • KingFay Inc
Mls Name: HAR
Mls Provider:
Mls ID: #40422374
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