420 W 34th StHoustonTX77018
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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 420 W 34th St, Houston, TX, 77018 offers a 9.82% rental yield on a $519,000 purchase with $4,246/mo rent. Total monthly income registers $4,246/mo, and a $2,540/mo payment leaves $494/mo available for distribution. Annual cash flow reaches $5,924/yr on $170,751 to close, and return on cash invested stands at 23.53% in year one. Equity gained on principal adds $3,349/yr while 5% annual appreciation supports $143,390 over five years. Portfolio math shows five-year ROI at 123.6% and total cumulative return in cash at $211,053. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,246/mo property income against a $2,540/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
10,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
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Listed by: Suzanne Massiatte • Summertime Investments
Mls Name: HAR
Mls Provider:
Mls ID: #47880736
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