2230 S Piney Point Rd APT 219HoustonTX77063
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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
Rental property for sale in Houston at 2230 S Piney Point Rd APT 219, Houston, TX, 77063 generates $1,204/mo in rent and, after a $768/mo payment, leaves $88/mo in cash flow. Total monthly income is $1,204/mo, and annual cash flow is $1,056/yr on $52,046 invested. Return on cash invested sits at 21.94% in year one, and rental yield is 9.2% on a $157,000 entry. Equity gained on principal adds $1,013/yr, while 5% annual appreciation builds toward $43,376 over five years. Five-year ROI reaches 114.93% and total cumulative return in cash sums $59,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,204/mo property income rather than buyer’s personal income.
Townhouse
Built in 1967
7.90 Acres lot
$N/A/sqft
No 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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