1224 Neyland 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
Investment property for sale in Houston at 1224 Neyland St, Houston, TX, 77022 offers a 10.81% rental yield on a $195,000 purchase with $1,757/mo rent. Total monthly income registers $1,757/mo, and a $954/mo payment leaves $371/mo available for distribution. Annual cash flow reaches $4,449/yr on $64,643 to close, and return on cash invested stands at 26.79% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 140.95% and total cumulative return in cash at $91,114. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,757/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
5,000 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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