2238 S Piney Point Rd APT 209HoustonTX77063
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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 2238 S Piney Point Rd APT 209, Houston, TX, 77063 earns $635/mo cash flow from $2,306/mo rent with a $1,150/mo payment. Total monthly income totals $2,306/mo, and annual cash flow totals $7,621/yr on $77,903 capital. ROI tracks 29.69% on current figures, and rental yield reads 11.78% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 156.57% and total cumulative return in cash sums $121,972. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,306/mo property income instead of your 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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