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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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$799,000
3 bds1 ba-sqft
22606 Fm 359 RdHempsteadTX77445
1.74%
Gross Yield
-0.58%
ROI
$1,160/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
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NMLS #2625701
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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
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Investment Highlights
Total monthly income runs $1,160/mo, and a $3,911/mo payment. Purchase price stands at $799,000, and rental yield measures 1.74% with $1,160/mo rent. Return on cash invested shows -0.58% in year one, and 5% annual appreciation builds toward $220,749 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,160/mo property income covering a $3,911/mo payment rather than investor’s personal income.
Multi Family
Built in 1973
4.11 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved