12815 Joliet StHoustonTX77015
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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 12815 Joliet St, Houston, TX, 77015 earns $759/mo cash flow from $2,318/mo rent with a $1,049/mo payment. Total monthly income totals $2,318/mo, and annual cash flow totals $9,105/yr on $71,074 capital. ROI tracks 32.72% on current figures, and rental yield reads 12.97% at a $214,400 purchase. Equity gained on principal adds $1,383/yr, and 5% annual appreciation supports $59,235 over five years. Five-year ROI reaches 172.97% and total cumulative return in cash sums $122,933. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,318/mo property income instead of your personal income.
Single Family
Built in 1960
7,927 sqft lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77015, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,647 (100%) |
| Owner Occupied HU | 9,361 (47.6%) |
| Renter Occupied HU | 8,742 (44.5%) |
| Vacant Housing Units | 1,544 ( 7.9%) |
| Median Home Value | $189,541 |
| Average Home Value | $256,734 |
Housing Distribution
Address Breakdown
Residential
18,481
Single Family
13,759
Multi-Family
4,722
Businesses
1,566
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