24532 Tyrone StHempsteadTX77445
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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 Hempstead at 24532 Tyrone St, Hempstead, TX, 77445 generates $987/mo in rent and, after a $612/mo payment, leaves $98/mo in cash flow. Total monthly income is $987/mo, and annual cash flow is $1,176/yr on $41,421 invested. Return on cash invested sits at 22.75% in year one, and rental yield is 9.48% on a $124,950 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,521 over five years. Five-year ROI reaches 119.42% and total cumulative return in cash sums $49,465. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $987/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77445, Hempstead, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,611 (100%) |
| Owner Occupied HU | 3,847 (58.2%) |
| Renter Occupied HU | 1,887 (28.5%) |
| Vacant Housing Units | 877 (13.3%) |
| Median Home Value | $270,294 |
| Average Home Value | $379,184 |
Housing Distribution
Address Breakdown
Residential
6,096
Single Family
5,706
Multi-Family
390
Businesses
448
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