12419 Lady Slipper RdHoustonTX77038
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
Rental property for sale in Houston at 12419 Lady Slipper Rd, Houston, TX, 77038 generates $1,957/mo in rent and, after a $1,087/mo payment, leaves $353/mo in cash flow. Total monthly income is $1,957/mo, and annual cash flow is $4,235/yr on $73,590 invested. Return on cash invested sits at 25.66% in year one, and rental yield is 10.58% on a $221,990 entry. Equity gained on principal adds $1,432/yr, while 5% annual appreciation builds toward $61,332 over five years. Five-year ROI reaches 135.05% and total cumulative return in cash sums $99,384. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,957/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77038, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,829 (100%) |
| Owner Occupied HU | 5,002 (50.9%) |
| Renter Occupied HU | 4,388 (44.6%) |
| Vacant Housing Units | 439 ( 4.5%) |
| Median Home Value | $226,634 |
| Average Home Value | $311,773 |
Housing Distribution
Address Breakdown
Residential
9,283
Single Family
6,957
Multi-Family
2,326
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared Turner • Lennar Homes Village Builders, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #26608604
Disclaimer: Copyright 2025, 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.