12622 Mardi Gras DrHoustonTX77014
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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 12622 Mardi Gras Dr, Houston, TX, 77014 listed at $369,000 pairs $4,564/mo rent with a $1,806/mo payment to leave $1,896/mo cash flow. Total monthly income runs $4,564/mo, and annual cash flow reaches $22,751/yr on $122,324 cash to close. Return on cash invested measures 38.51% in year one, and rental yield registers 14.84% at a $369,000 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 203.93% and total cumulative return in cash totals $249,459. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,564/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
9,029 sqft lot
$N/A/sqft
$530 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77014, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,897 (100%) |
| Owner Occupied HU | 5,614 (40.4%) |
| Renter Occupied HU | 7,254 (52.2%) |
| Vacant Housing Units | 1,029 ( 7.4%) |
| Median Home Value | $254,447 |
| Average Home Value | $268,012 |
Housing Distribution
Address Breakdown
Residential
12,827
Single Family
7,161
Multi-Family
5,666
Businesses
841
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Listed by: Amanda Garayeva • Texas Management Partners LLC
Mls Name: HAR
Mls Provider:
Mls ID: #94526123
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