12310 Lakeshore RdgHoustonTX77041
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 12310 Lakeshore Rdg, Houston, TX, 77041 offers a 10.86% rental yield on a $535,000 purchase with $4,843/mo rent. Total monthly income registers $4,843/mo, and a $2,619/mo payment leaves $916/mo available for distribution. Annual cash flow reaches $10,997/yr on $176,015 to close, and return on cash invested stands at 26.31% in year one. Equity gained on principal adds $3,452/yr while 5% annual appreciation supports $147,811 over five years. Portfolio math shows five-year ROI at 138.66% and total cumulative return in cash at $244,060. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,843/mo property income against a $2,619/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
9,931 sqft lot
$N/A/sqft
$1,460 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77041, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,774 (100%) |
| Owner Occupied HU | 8,334 (65.2%) |
| Renter Occupied HU | 3,734 (29.2%) |
| Vacant Housing Units | 706 ( 5.5%) |
| Median Home Value | $309,304 |
| Average Home Value | $414,274 |
Housing Distribution
Address Breakdown
Residential
12,363
Single Family
10,494
Multi-Family
1,869
Businesses
2,783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kiki Wilson • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #44778772
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.