12503 Vindon DrHoustonTX77024
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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 12503 Vindon Dr, Houston, TX, 77024 offers a 6.24% rental yield on a $1,850,000 purchase with $9,617/mo rent. 26% in year one. Equity gained on principal adds $11,938/yr while 5% annual appreciation supports $511,121 over five years. Portfolio math shows five-year ROI at 68.32% and total cumulative return in cash at $409,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,617/mo property income against a $9,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
7,910 sqft lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77024, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,636 (100%) |
| Owner Occupied HU | 10,193 (54.7%) |
| Renter Occupied HU | 6,387 (34.3%) |
| Vacant Housing Units | 2,056 (11.0%) |
| Median Home Value | $1,152,422 |
| Average Home Value | $1,270,262 |
Housing Distribution
Address Breakdown
Residential
18,464
Single Family
8,893
Multi-Family
9,571
Businesses
2,413
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Listed by: Michelle Hinton • Compass RE Texas, LLC - Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #34853590
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