2230 S Piney Point Rd APT 117HoustonTX77063
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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 2230 S Piney Point Rd APT 117, Houston, TX, 77063 earns from $1,095/mo rent with a $675/mo payment. Total monthly income totals $1,095/mo. ROI tracks 11.28% on current figures, and rental yield reads 9.52% at a $137,999 purchase. Equity gained on principal adds $890/yr, and 5% annual appreciation supports $38,127 over five years. Five-year ROI reaches 62.1% and total cumulative return in cash sums $28,410. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,095/mo property income instead of your personal income.
Condo
Built in 1967
7.90 Acres lot
$N/A/sqft
$423 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77063, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,779 (100%) |
| Owner Occupied HU | 4,830 (23.2%) |
| Renter Occupied HU | 13,700 (65.9%) |
| Vacant Housing Units | 2,249 (10.8%) |
| Median Home Value | $390,426 |
| Average Home Value | $482,774 |
Housing Distribution
Address Breakdown
Residential
19,428
Single Family
3,609
Multi-Family
15,819
Businesses
2,003
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Listed by: Luis Aguilar • RE/MAX Partners
Mls Name: HAR
Mls Provider:
Mls ID: #10550320
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