12411 Caren CtHoustonTX77031
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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 12411 Caren Ct, Houston, TX, 77031 offers a 10.06% rental yield on a $275,000 purchase with $2,305/mo rent. Total monthly income registers $2,305/mo, and a $1,346/mo payment leaves $349/mo available for distribution. Annual cash flow reaches $4,193/yr on $91,163 to close, and return on cash invested stands at 24.51% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 128.75% and total cumulative return in cash at $117,371. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,305/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
9,809 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77031, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,747 (100%) |
| Owner Occupied HU | 2,540 (37.6%) |
| Renter Occupied HU | 3,437 (50.9%) |
| Vacant Housing Units | 770 (11.4%) |
| Median Home Value | $249,828 |
| Average Home Value | $333,168 |
Housing Distribution
Address Breakdown
Residential
6,491
Single Family
2,956
Multi-Family
3,535
Businesses
474
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