223 W 22nd 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 223 W 22nd St, Houston, TX, 77008 offers a 10.85% rental yield on a $825,000 purchase with $7,458/mo rent. Total monthly income registers $7,458/mo, and a $4,038/mo payment leaves $1,583/mo available for distribution. Annual cash flow reaches $18,995/yr on $271,425 to close, and return on cash invested stands at 27.06% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 142.37% and total cumulative return in cash at $386,433. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,458/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
5,033 sqft lot
$N/A/sqft
$100 annually 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: Mary Wassef • Circa Real Estate LLC
Mls Name: HAR
Mls Provider:
Mls ID: #8032610
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