12719 Tammarack DrHoustonTX77013
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 12719 Tammarack Dr, Houston, TX, 77013 in Houston offers a clean, manageable entry. Rental yield 7.96%. DSCR 1.48 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $100,843 in additional property value over five years, with $3,362/yr in principal equity building ownership stake. Total projected cumulative return: $128,712.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $(174) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,422 |
| Total Monthly Debt Service | $2,450 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77013, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 2,206 (34.7%) |
| Renter Occupied HU | 3,210 (50.5%) |
| Vacant Housing Units | 938 (14.8%) |
| Median Home Value | $199,519 |
| Average Home Value | $258,229 |
Housing Distribution
Address Breakdown
Residential
6,373
Single Family
2,959
Multi-Family
3,414
Businesses
369
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1972
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77013, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 2,206 (34.7%) |
| Renter Occupied HU | 3,210 (50.5%) |
| Vacant Housing Units | 938 (14.8%) |
| Median Home Value | $199,519 |
| Average Home Value | $258,229 |
Housing Distribution
Address Breakdown
Residential
6,373
Single Family
2,959
Multi-Family
3,414
Businesses
369
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices