2437 South Blvd APT 10HoustonTX77098
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 Houston at 2437 South Blvd APT 10, Houston, TX, 77098 generates $5,618/mo in rent and, after a $2,398/mo payment, leaves $1,669/mo in cash flow. Total monthly income is $5,618/mo, and annual cash flow is $20,029/yr on $162,402 invested. Return on cash invested sits at 32.24% in year one, and rental yield is 13.76% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 171.46% and total cumulative return in cash sums $278,453. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,618/mo property income rather than buyer’s personal income.
Townhouse
Built in 2002
1,474 sqft lot
$N/A/sqft
$465 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77098, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,190 (100%) |
| Owner Occupied HU | 2,634 (23.5%) |
| Renter Occupied HU | 7,290 (65.1%) |
| Vacant Housing Units | 1,266 (11.3%) |
| Median Home Value | $750,000 |
| Average Home Value | $924,758 |
Housing Distribution
Address Breakdown
Residential
10,490
Single Family
3,337
Multi-Family
7,153
Businesses
1,797
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Listed by: Lida Aria • Main Realty
Mls Name: HAR
Mls Provider:
Mls ID: #81022430
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