220 17th StHempsteadTX77445
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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 Hempstead at 220 17th St, Hempstead, TX, 77445 uses $48,068 cash to close to unlock $943/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $1,110/mo, and a $710/mo payment keeps the spread at $79/mo. Purchase price stands at $145,000, and rental yield measures 9.19% with $1,110/mo rent. Return on cash invested shows 21.87% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 114.63% and total cumulative return in cash records $55,100. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,110/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77445, Hempstead, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,611 (100%) |
| Owner Occupied HU | 3,847 (58.2%) |
| Renter Occupied HU | 1,887 (28.5%) |
| Vacant Housing Units | 877 (13.3%) |
| Median Home Value | $270,294 |
| Average Home Value | $379,184 |
Housing Distribution
Address Breakdown
Residential
6,096
Single Family
5,706
Multi-Family
390
Businesses
448
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