12322 Lanny LnHoustonTX77077
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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 12322 Lanny Ln, Houston, TX, 77077 listed at $806,100 pairs $4,120/mo rent with a $3,945/mo payment. Total monthly income runs $4,120/mo. Return on cash invested measures 12.39% in year one, and rental yield registers 6.13% at a $806,100 basis. Equity gained on principal adds $5,202/yr, and annual property appreciation at 5% supports $222,711 by year five. Five-year ROI tracks 63.86% and total cumulative return in cash totals $169,359. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,120/mo property income relative to a $3,945/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.32 Acres lot
$N/A/sqft
$83 monthly 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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