2438 Balmorhea AveHoustonTX77039
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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
Investment property for sale in Houston at 2438 Balmorhea Ave, Houston, TX, 77039 earns from $1,445/mo rent with a $1,610/mo payment. Total monthly income totals $1,445/mo. ROI tracks 10.07% on current figures, and rental yield reads 5.27% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 51.29% and total cumulative return in cash sums $55,941. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,445/mo property income instead of your personal income.
Multi Family
Built in 1972
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77039, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,145 (100%) |
| Owner Occupied HU | 4,726 (51.7%) |
| Renter Occupied HU | 3,785 (41.4%) |
| Vacant Housing Units | 634 ( 6.9%) |
| Median Home Value | $163,445 |
| Average Home Value | $208,753 |
Housing Distribution
Address Breakdown
Residential
8,198
Single Family
6,462
Multi-Family
1,736
Businesses
891
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Nearby investment properties with comparable prices
Listed by: Delia Barajas • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #52643937
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