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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Houston at 12401 Ormandy St, Houston, TX, 77085 offers a 11.74% rental yield on a $159,900 purchase with $1,565/mo rent. Total monthly income registers $1,565/mo, and a $783/mo payment leaves $428/mo available for distribution. Annual cash flow reaches $5,131/yr on $53,007 to close, and return on cash invested stands at 29.59% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 155.99% and total cumulative return in cash at $82,686. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,565/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1979
2,927 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77085, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,043 (100%) |
| Owner Occupied HU | 3,559 (58.9%) |
| Renter Occupied HU | 2,320 (38.4%) |
| Vacant Housing Units | 164 ( 2.7%) |
| Median Home Value | $214,051 |
| Average Home Value | $275,747 |
Residential
5,944
Single Family
4,676
Multi-Family
1,268
Businesses
292
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Karla Villanueva • City Spot Realty
Mls Name: HAR
Mls ID: #33343117
