523 E 23rd StHoustonTX77008
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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 523 E 23rd St, Houston, TX, 77008 earns from $9,820/mo rent with a $9,028/mo payment. Total monthly income totals $9,820/mo. ROI tracks 13.75% on current figures, and rental yield reads 6.39% at a $1,844,600 purchase. Equity gained on principal adds $11,903/yr, and 5% annual appreciation supports $509,629 over five years. Five-year ROI reaches 70.96% and total cumulative return in cash sums $424,090. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $9,820/mo property income instead of your personal income.
Single Family
Built in 2016
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77008, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,031 (100%) |
| Owner Occupied HU | 11,593 (50.3%) |
| Renter Occupied HU | 9,475 (41.1%) |
| Vacant Housing Units | 1,963 ( 8.5%) |
| Median Home Value | $542,417 |
| Average Home Value | $635,144 |
Housing Distribution
Address Breakdown
Residential
23,112
Single Family
15,285
Multi-Family
7,827
Businesses
1,930
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