132 E 39th StHoustonTX77018
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
Rental property for sale in Houston at 132 E 39th St, Houston, TX, 77018 priced at $559,500 converts $5,887/mo rent into $1,909/mo cash flow after a $2,738/mo obligation. Total monthly income equals $5,887/mo, and annual cash flow totals $22,905/yr on $184,076 invested. Return on cash invested prints 32.5% in year one, and rental yield reads 12.63% against a $559,500 entry. Equity gained on principal adds $3,610/yr, while 5% annual appreciation compiles into $154,580 by year five. Five-year ROI reaches 171.56% and total cumulative return in cash sums $315,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,887/mo property income covering a $2,738/mo payment, not borrower’s personal income.
Single Family
Built in 2023
2,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sebastian Garza • Rasha Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #62464810
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.