3201 Proswimmer StHoustonTX77088
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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 3201 Proswimmer St, Houston, TX, 77088 offers a 9.27% rental yield on a $176,000 purchase with $1,359/mo rent. Total monthly income registers $1,359/mo, and a $861/mo payment leaves $108/mo available for distribution. Annual cash flow reaches $1,294/yr on $58,344 to close, and return on cash invested stands at 22.13% in year one. Equity gained on principal adds $1,136/yr while 5% annual appreciation supports $48,626 over five years. Portfolio math shows five-year ROI at 115.96% and total cumulative return in cash at $67,653. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,359/mo property income against a $861/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
5,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77088, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,348 (100%) |
| Owner Occupied HU | 11,008 (56.9%) |
| Renter Occupied HU | 7,238 (37.4%) |
| Vacant Housing Units | 1,102 ( 5.7%) |
| Median Home Value | $222,266 |
| Average Home Value | $280,068 |
Housing Distribution
Address Breakdown
Residential
18,099
Single Family
14,602
Multi-Family
3,497
Businesses
571
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