10049 Sharpton DrHoustonTX77038
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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 10049 Sharpton Dr, Houston, TX, 77038 uses $69,350 cash to close to unlock $7,347/yr annual cash flow and $612/mo monthly cash flow. Total monthly income runs $2,100/mo, and a $1,024/mo payment keeps the spread at $612/mo. Purchase price stands at $209,200, and rental yield measures 12.05% with $2,100/mo rent. Return on cash invested shows 30.5% in year one, and 5% annual appreciation builds toward $57,798 over five years. Five-year ROI reaches 160.93% and total cumulative return in cash records $111,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,100/mo property income covering a $1,024/mo payment rather than investor’s personal income.
Multi Family
Built in 2006
2,522 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77038, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,829 (100%) |
| Owner Occupied HU | 5,002 (50.9%) |
| Renter Occupied HU | 4,388 (44.6%) |
| Vacant Housing Units | 439 ( 4.5%) |
| Median Home Value | $226,634 |
| Average Home Value | $311,773 |
Housing Distribution
Address Breakdown
Residential
9,283
Single Family
6,957
Multi-Family
2,326
Businesses
519
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