715 E 40th 1/2 StHoustonTX77022
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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 715 E 40th 1/2 St, Houston, TX, 77022 earns $2,542/mo cash flow from $4,326/mo rent with a $1,224/mo payment. Total monthly income totals $4,326/mo, and annual cash flow totals $30,504/yr on $82,875 capital. ROI tracks 56.72% on current figures, and rental yield reads 20.76% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 301.43% and total cumulative return in cash sums $249,814. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,326/mo property income instead of your personal income.
Single Family
Built in 1950
5,458 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77022, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,188 (100%) |
| Owner Occupied HU | 4,348 (38.9%) |
| Renter Occupied HU | 5,798 (51.8%) |
| Vacant Housing Units | 1,042 ( 9.3%) |
| Median Home Value | $234,249 |
| Average Home Value | $306,751 |
Housing Distribution
Address Breakdown
Residential
10,861
Single Family
8,003
Multi-Family
2,858
Businesses
1,424
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Listed by: Joyce Castillo • Keller Williams Houston Central
Mls Name: HAR
Mls Provider:
Mls ID: #51593609
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