12423 Shepherds Ridge DrHoustonTX77077
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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 12423 Shepherds Ridge Dr, Houston, TX, 77077 listed at $565,000 pairs $4,420/mo rent with a $2,765/mo payment to leave $337/mo cash flow. Total monthly income runs $4,420/mo, and annual cash flow reaches $4,046/yr on $185,885 cash to close. Return on cash invested measures 22.24% in year one, and rental yield registers 9.39% at a $565,000 basis. Equity gained on principal adds $3,646/yr, and annual property appreciation at 5% supports $156,099 by year five. Five-year ROI tracks 116.69% and total cumulative return in cash totals $216,903. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,420/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
8,119 sqft lot
$N/A/sqft
$785 annually 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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Listed by: Melanie White • RE/MAX Signature
Mls Name: HAR
Mls Provider:
Mls ID: #8181321
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