921 E 38th 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 921 E 38th St, Houston, TX, 77022 offers a 4.97% rental yield on a $675,000 purchase with $2,794/mo rent. 22% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 46.7% and total cumulative return in cash at $103,719. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,794/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2026
3,998 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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