12422 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
Investment property for sale in Houston at 12422 Lady Slipper Rd, Houston, TX, 77038 offers a 14.09% rental yield on a $245,200 purchase with $2,880/mo rent. Total monthly income registers $2,880/mo, and a $1,200/mo payment leaves $1,136/mo available for distribution. Annual cash flow reaches $13,638/yr on $81,284 to close, and return on cash invested stands at 36.69% in year one. Equity gained on principal adds $1,582/yr while 5% annual appreciation supports $67,744 over five years. Portfolio math shows five-year ROI at 194.05% and total cumulative return in cash at $157,731. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $1,200/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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
