1107 E 40th 1/2 StHoustonTX77022
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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
Total monthly income runs $1,745/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 6.44% with $1,745/mo rent. Return on cash invested shows 13.6% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 70.23% and total cumulative return in cash records $75,661. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,745/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Multi Family
Built in 1948
5,928 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77022, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,188 (100%) |
| Owner Occupied HU | 4,348 (38.9%) |
| Renter Occupied HU | 5,798 (51.8%) |
| Vacant Housing Units | 1,042 ( 9.3%) |
| Median Home Value | $234,249 |
| Average Home Value | $306,751 |
Housing Distribution
Address Breakdown
Residential
10,861
Single Family
8,003
Multi-Family
2,858
Businesses
1,424
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