219 W 23rd StHoustonTX77008
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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 219 W 23rd St, Houston, TX, 77008 offers a 11.86% rental yield on a $1,099,990 purchase with $10,872/mo rent. Total monthly income registers $10,872/mo, and a $5,384/mo payment leaves $3,050/mo available for distribution. Annual cash flow reaches $36,596/yr on $356,397 to close, and return on cash invested stands at 30.64% in year one. Equity gained on principal adds $7,098/yr while 5% annual appreciation supports $303,907 over five years. Portfolio math shows five-year ROI at 161.52% and total cumulative return in cash at $575,644. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $10,872/mo property income against a $5,384/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
3,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77008, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,031 (100%) |
| Owner Occupied HU | 11,593 (50.3%) |
| Renter Occupied HU | 9,475 (41.1%) |
| Vacant Housing Units | 1,963 ( 8.5%) |
| Median Home Value | $542,417 |
| Average Home Value | $635,144 |
Housing Distribution
Address Breakdown
Residential
23,112
Single Family
15,285
Multi-Family
7,827
Businesses
1,930
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Listed by: Lily Jang • Keller Williams Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #58191268
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