12319 Summer Orchard DrHoustonTX77066
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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
Rental property for sale in Houston at 12319 Summer Orchard Dr, Houston, TX, 77066 offers $4,361/mo rent that, after a $1,713/mo payment, leaves $1,842/mo cash flow. Total monthly income is $4,361/mo, and annual cash flow is $22,106/yr on $116,025 cash. Return on cash invested measures 38.96% in year one, and rental yield stands at 14.95% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 206.37% and total cumulative return in cash reaches $239,438. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,361/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
4,599 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77066, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,519 (100%) |
| Owner Occupied HU | 7,725 (61.7%) |
| Renter Occupied HU | 4,309 (34.4%) |
| Vacant Housing Units | 485 ( 3.9%) |
| Median Home Value | $248,749 |
| Average Home Value | $299,792 |
Housing Distribution
Address Breakdown
Residential
11,082
Single Family
9,578
Multi-Family
1,504
Businesses
862
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Listed by: Desiray Francis • Quest Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #3209022
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