322 Malone StHoustonTX77007
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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
Investment Highlights
Rental property for sale in Houston at 322 Malone St, Houston, TX, 77007 priced at $450,000 converts $5,988/mo rent into $2,788/mo cash flow after a $2,203/mo obligation. Total monthly income equals $5,988/mo, and annual cash flow totals $33,450/yr on $149,175 invested. Return on cash invested prints 42.33% in year one, and rental yield reads 15.97% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 224.3% and total cumulative return in cash sums $334,602. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,988/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 2003
1,642 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77007, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,945 (100%) |
| Owner Occupied HU | 11,105 (37.1%) |
| Renter Occupied HU | 16,284 (54.4%) |
| Vacant Housing Units | 2,556 ( 8.5%) |
| Median Home Value | $494,222 |
| Average Home Value | $609,203 |
Housing Distribution
Address Breakdown
Residential
30,067
Single Family
14,688
Multi-Family
15,379
Businesses
2,062
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Listed by: Jeanne Weaver • Coldwell Banker Realty - Bellaire-Metropolitan
Mls Name: HAR
Mls Provider:
Mls ID: #15537013
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