228 W 32nd StHoustonTX77018
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Nearby investment properties with comparable prices
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 228 W 32nd St, Houston, TX, 77018 listed at $1,050,000 pairs $3,920/mo rent with a $5,139/mo payment. Total monthly income runs $3,920/mo. Return on cash invested measures 7.85% in year one, and rental yield registers 4.48% at a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and annual property appreciation at 5% supports $290,096 by year five. Five-year ROI tracks 39.33% and total cumulative return in cash totals $133,817. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,920/mo property income relative to a $5,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.32 Acres lot
$N/A/sqft
$25 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
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Listed by: Deanna Zugheri • Keller Williams Realty Metropolitan
Mls Name: HAR
Mls Provider:
Mls ID: #54727136
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