1238 Hopper RdHoustonTX77037
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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 1238 Hopper Rd, Houston, TX, 77037 uses $91,163 cash to close to unlock $2,453/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,346/mo payment keeps the spread at $204/mo. Purchase price stands at $275,000, and rental yield measures 9.43% with $2,160/mo rent. Return on cash invested shows 22.6% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 118.52% and total cumulative return in cash records $108,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1962
7,819 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77037, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,368 (100%) |
| Owner Occupied HU | 3,304 (61.5%) |
| Renter Occupied HU | 1,799 (33.5%) |
| Vacant Housing Units | 265 ( 4.9%) |
| Median Home Value | $176,266 |
| Average Home Value | $238,490 |
Housing Distribution
Address Breakdown
Residential
5,357
Single Family
4,803
Multi-Family
554
Businesses
1,322
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