12531 Enchanted Path DrHoustonTX77044
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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 12531 Enchanted Path Dr, Houston, TX, 77044 listed at $222,700 pairs $2,159/mo rent with a $1,090/mo payment to leave $561/mo cash flow. Total monthly income runs $2,159/mo, and annual cash flow reaches $6,736/yr on $73,825 cash to close. Return on cash invested measures 29.03% in year one, and rental yield registers 11.63% at a $222,700 basis. Equity gained on principal adds $1,437/yr, and annual property appreciation at 5% supports $61,528 by year five. Five-year ROI tracks 153.13% and total cumulative return in cash totals $113,047. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,159/mo property income relative to a $1,090/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
6,577 sqft lot
$N/A/sqft
$14 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77044, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,104 (100%) |
| Owner Occupied HU | 14,332 (71.3%) |
| Renter Occupied HU | 4,865 (24.2%) |
| Vacant Housing Units | 907 ( 4.5%) |
| Median Home Value | $310,214 |
| Average Home Value | $341,856 |
Housing Distribution
Address Breakdown
Residential
19,641
Single Family
17,196
Multi-Family
2,445
Businesses
525
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