24608 Basswood Pl EHuntsvilleTX77320
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 24608 Basswood Pl E, Huntsville, TX, 77320 in Huntsville. Priced at $174,500, it generates $1,848/mo in gross rent and $532/mo in net monthly cash flow, a 12.71% yield that comfortably supports the 2.35 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,385. Five-year appreciation: $48,211. Equity from principal paydown: $1,607/yr. Total projected cumulative return: $101,473.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 6.2% |
| Monthly Cash Flow | $532 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,848 |
| Total Monthly Debt Service | $1,246 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1982
0.26 Acres lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77320, Huntsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,434 (100%) |
| Owner Occupied HU | 7,462 (55.5%) |
| Renter Occupied HU | 3,750 (27.9%) |
| Vacant Housing Units | 2,222 (16.5%) |
| Median Home Value | $226,619 |
| Average Home Value | $243,937 |
Housing Distribution
Address Breakdown
Residential
11,531
Single Family
10,082
Multi-Family
1,449
Businesses
397
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
Single Family
Built in 1982
0.26 Acres lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77320, Huntsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,434 (100%) |
| Owner Occupied HU | 7,462 (55.5%) |
| Renter Occupied HU | 3,750 (27.9%) |
| Vacant Housing Units | 2,222 (16.5%) |
| Median Home Value | $226,619 |
| Average Home Value | $243,937 |
Housing Distribution
Address Breakdown
Residential
11,531
Single Family
10,082
Multi-Family
1,449
Businesses
397
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices