1019 Castolan 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
Rental property for sale in Houston at 1019 Castolan Dr, Houston, TX, 77038 offers $1,960/mo rent that, after a $1,197/mo payment, leaves $221/mo cash flow. Total monthly income is $1,960/mo, and annual cash flow is $2,652/yr on $81,052 cash. Return on cash invested measures 23.18% in year one, and rental yield stands at 9.62% at a $244,500 entry. Equity gained on principal adds $1,578/yr while 5% annual appreciation compounds into $67,551 by year five. Five-year ROI records 121.67% and total cumulative return in cash reaches $98,615. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,960/mo property income versus a $1,197/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
7,474 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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