12902 Meadowline DrHoustonTX77082
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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 12902 Meadowline Dr, Houston, TX, 77082 earns $705/mo cash flow from $2,372/mo rent with a $1,116/mo payment. Total monthly income totals $2,372/mo, and annual cash flow totals $8,455/yr on $75,611 capital. ROI tracks 31.09% on current figures, and rental yield reads 12.48% at a $228,088 purchase. Equity gained on principal adds $1,472/yr, and 5% annual appreciation supports $63,017 over five years. Five-year ROI reaches 164.3% and total cumulative return in cash sums $124,230. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,372/mo property income instead of your personal income.
Single Family
Built in 1982
7,039 sqft lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77082, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,510 (100%) |
| Owner Occupied HU | 8,364 (32.8%) |
| Renter Occupied HU | 15,382 (60.3%) |
| Vacant Housing Units | 1,764 ( 6.9%) |
| Median Home Value | $280,305 |
| Average Home Value | $429,694 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
10,344
Multi-Family
13,729
Businesses
1,182
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Listed by: Danielle Guttinger Wong • Redfin Corporation
Mls Name: HAR
Mls Provider:
Mls ID: #38996311
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