1221 Malone StHoustonTX77007
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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 1221 Malone St, Houston, TX, 77007 uses $259,877 cash to close to unlock $20,605/yr annual cash flow and $1,717/mo monthly cash flow. Total monthly income runs $7,334/mo, and a $3,866/mo payment keeps the spread at $1,717/mo. Purchase price stands at $789,900, and rental yield measures 11.14% with $7,334/mo rent. Return on cash invested shows 27.99% in year one, and 5% annual appreciation builds toward $218,235 over five years. Five-year ROI reaches 147.37% and total cumulative return in cash records $382,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,334/mo property income covering a $3,866/mo payment rather than investor’s personal income.
Single Family
Built in 2010
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77007, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,945 (100%) |
| Owner Occupied HU | 11,105 (37.1%) |
| Renter Occupied HU | 16,284 (54.4%) |
| Vacant Housing Units | 2,556 ( 8.5%) |
| Median Home Value | $494,222 |
| Average Home Value | $609,203 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
14,688
Multi-Family
15,379
Businesses
2,062
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Listed by: Ronald Espinoza • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #92193071
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