1230 E 23rd StHoustonTX77009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1230 E 23rd St, Houston, TX, 77009 earns $277/mo cash flow from $3,941/mo rent with a $2,522/mo payment. Total monthly income totals $3,941/mo, and annual cash flow totals $3,321/yr on $169,534 capital. ROI tracks 22.02% on current figures, and rental yield reads 9.18% at a $515,300 purchase. Equity gained on principal adds $3,325/yr, and 5% annual appreciation supports $142,368 over five years. Five-year ROI reaches 115.34% and total cumulative return in cash sums $195,539. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,941/mo property income instead of your personal income.
Single Family
Built in 2022
1,481 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77009, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,523 (100%) |
| Owner Occupied HU | 8,741 (47.2%) |
| Renter Occupied HU | 7,637 (41.2%) |
| Vacant Housing Units | 2,145 (11.6%) |
| Median Home Value | $456,534 |
| Average Home Value | $535,539 |
Housing Distribution
Address Breakdown
Residential
17,392
Single Family
13,992
Multi-Family
3,400
Businesses
1,035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices