232 Park Hill StHuntsvilleTX77340
Nearby investment properties with comparable rents
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
Rental property for sale in Huntsville at 232 Park Hill St, Huntsville, TX, 77340 offers $1,792/mo rent that, after a $1,170/mo payment, leaves $92/mo cash flow. Total monthly income is $1,792/mo, and annual cash flow is $1,107/yr on $79,229 cash. Return on cash invested measures 21.31% in year one, and rental yield stands at 9% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 111.6% and total cumulative return in cash reaches $88,416. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,792/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77340, Huntsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,270 (100%) |
| Owner Occupied HU | 5,796 (35.6%) |
| Renter Occupied HU | 8,310 (51.1%) |
| Vacant Housing Units | 2,164 (13.3%) |
| Median Home Value | $254,496 |
| Average Home Value | $285,692 |
Housing Distribution
Address Breakdown
Residential
14,492
Single Family
8,554
Multi-Family
5,938
Businesses
1,172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Morgan Newman • CB&A, Realtors
Mls Name: HAR
Mls Provider:
Mls ID: #73158008
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.