12500 Sandpiper Dr APT 110HoustonTX77035
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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
Rental property for sale in Houston at 12500 Sandpiper Dr APT 110, Houston, TX, 77035 generates $1,576/mo in rent and, after a $526/mo payment, leaves $349/mo in cash flow. Total monthly income is $1,576/mo, and annual cash flow is $4,185/yr on $35,636 invested. Return on cash invested sits at 31.65% in year one, and rental yield is 17.59% on a $107,500 entry. Equity gained on principal adds $694/yr, while 5% annual appreciation builds toward $29,700 over five years. Five-year ROI reaches 172.66% and total cumulative return in cash sums $61,531. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,576/mo property income rather than buyer’s personal income.
Condo
Built in 1981
3.24 Acres lot
$N/A/sqft
$463 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77035, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,070 (100%) |
| Owner Occupied HU | 5,341 (38.0%) |
| Renter Occupied HU | 7,467 (53.1%) |
| Vacant Housing Units | 1,262 ( 9.0%) |
| Median Home Value | $328,034 |
| Average Home Value | $345,633 |
Housing Distribution
Address Breakdown
Residential
15,713
Single Family
7,397
Multi-Family
8,316
Businesses
794
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Listed by: Kirsstien Delossantos • Go Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #74964238
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