12308 Basilwood DrHoustonTX77047
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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 12308 Basilwood Dr, Houston, TX, 77047 listed at $331,910 pairs $2,850/mo rent with a $1,625/mo payment to leave $377/mo cash flow. Total monthly income runs $2,850/mo, and annual cash flow reaches $4,521/yr on $110,028 cash to close. Return on cash invested measures 24.02% in year one, and rental yield registers 10.3% at a $331,910 basis. Equity gained on principal adds $2,142/yr, and annual property appreciation at 5% supports $91,701 by year five. Five-year ROI tracks 126.53% and total cumulative return in cash totals $139,222. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,850/mo property income relative to a $1,625/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A lot
$N/A/sqft
$1,350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77047, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,307 (100%) |
| Owner Occupied HU | 8,555 (64.3%) |
| Renter Occupied HU | 3,945 (29.6%) |
| Vacant Housing Units | 807 ( 6.1%) |
| Median Home Value | $249,161 |
| Average Home Value | $308,741 |
Housing Distribution
Address Breakdown
Residential
12,622
Single Family
10,868
Multi-Family
1,754
Businesses
537
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Listed by: Norisha Johnson • Nextgen Real Estate Properties
Mls Name: HAR
Mls Provider:
Mls ID: #10383662
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