12931 Memorial DrHoustonTX77079
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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 12931 Memorial Dr, Houston, TX, 77079 earns from $5,594/mo rent with a $6,363/mo payment. Total monthly income totals $5,594/mo. ROI tracks 9.86% on current figures, and rental yield reads 5.16% at a $1,300,000 purchase. Equity gained on principal adds $8,389/yr, and 5% annual appreciation supports $359,166 over five years. Five-year ROI reaches 50.15% and total cumulative return in cash sums $211,251. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,594/mo property income instead of your personal income.
Single Family
Built in 1991
0.28 Acres lot
$N/A/sqft
$444 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77079, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,372 (100%) |
| Owner Occupied HU | 7,919 (48.4%) |
| Renter Occupied HU | 6,617 (40.4%) |
| Vacant Housing Units | 1,836 (11.2%) |
| Median Home Value | $619,062 |
| Average Home Value | $664,611 |
Housing Distribution
Address Breakdown
Residential
15,936
Single Family
7,826
Multi-Family
8,110
Businesses
1,827
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Listed by: Karie Tiner • Coldwell Banker Realty - Bellaire-Metropolitan
Mls Name: HAR
Mls Provider:
Mls ID: #91292737
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