321 Olive StHuntsvilleTX77340
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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 Huntsville at 321 Olive St, Huntsville, TX, 77340 offers a 9.62% rental yield on a $190,000 purchase with $1,523/mo rent. Total monthly income registers $1,523/mo, and a $930/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,062/yr on $62,985 to close, and return on cash invested stands at 23.18% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 121.61% and total cumulative return in cash at $76,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,523/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77340, Huntsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,270 (100%) |
| Owner Occupied HU | 5,796 (35.6%) |
| Renter Occupied HU | 8,310 (51.1%) |
| Vacant Housing Units | 2,164 (13.3%) |
| Median Home Value | $254,496 |
| Average Home Value | $285,692 |
Housing Distribution
Address Breakdown
Residential
14,492
Single Family
8,554
Multi-Family
5,938
Businesses
1,172
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Listed by: Veronica Edwards • Southwest Xpress Realty
Mls Name: HAR
Mls ID: #86538868