12633 Memorial Dr APT 179, Houston, TX, 77024 | $401/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

12633 Memorial Dr APT 179, Houston, TX, 77024 | $401/mo Cash Flow | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Investment Property+ 1 more

3 Bed
2 Bath
1602 sft

4350 Willow Beach Dr, Houston, TX, 77072

3 Bed
2 Bath
1426 sft

1801 Frost St, Rosenberg, TX, 77471

3 Bed
2 Bath
1399 sft

15922 Vista Del Mar Dr, Houston, TX, 77083

3 Bed
2 Bath
1517 sft

10946 Bexley Dr #946, Houston, TX, 77099

Nearby investment properties with comparable prices

3 Bed
3 Bath
1566 sft

12562 Newbrook Dr, Houston, TX, 77072

3 Bed
2 Bath
1300 sft

12808 Dairy Brook Dr, Houston, TX, 77099

2 Bed
3 Bath
1422 sft

12952 Greenway Chase Ct #2952, Houston, TX, 77072

2 Bed
2 Bath
1118 sft

1103 Dulles Ave APT 1101, Stafford, TX, 77477

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Houston at 12633 Memorial Dr APT 179, Houston, TX, 77024 offers a 13.99% rental yield on a $174,100 purchase with $2,029/mo rent. Total monthly income registers $2,029/mo, and a $852/mo payment leaves $401/mo available for distribution. Annual cash flow reaches $4,813/yr on $57,714 to close, and return on cash invested stands at 28.25% in year one. Equity gained on principal adds $1,123/yr while 5% annual appreciation supports $48,101 over five years. Portfolio math shows five-year ROI at 151.8% and total cumulative return in cash at $87,612. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,029/mo property income against a $852/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1969

15.50 Acres lot

$N/A/sqft

$390 monthly HOA

More details about the property

Large 2 bedroom, 2 bathroom condo in one of the best areas of Memorial! The sunroom would be perfect as a study. . Owner pays for water, electricity and trash. Washer, dryer and refrigerator are also included. Fresh paint and tile throughout, no carpet! Granite countertops in kitchen Windows are double-paned. Easy access to I-10, Beltway 8, Memorial City Mall and hospital. Exemplary school. Assigned parking and 24 hour patrol.

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