2322 Dorrington StHoustonTX77030
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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 2322 Dorrington St, Houston, TX, 77030 generates $4,064/mo in rent, after a $4,134/mo payment. Total monthly income is $4,064/mo. Return on cash invested sits at 11.67% in year one, and rental yield is 5.77% on a $844,600 entry. Equity gained on principal adds $5,450/yr, while 5% annual appreciation builds toward $233,347 over five years. Five-year ROI reaches 59.86% and total cumulative return in cash sums $166,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,064/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
3,940 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77030, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,684 (100%) |
| Owner Occupied HU | 2,447 (31.8%) |
| Renter Occupied HU | 3,918 (51.0%) |
| Vacant Housing Units | 1,319 (17.2%) |
| Median Home Value | $733,491 |
| Average Home Value | $776,317 |
Housing Distribution
Address Breakdown
Residential
7,996
Single Family
1,882
Multi-Family
6,114
Businesses
1,027
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