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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Manvel at 10 Garden Ridge Ct, Manvel, TX, 77578 offers $2,770/mo rent that, after a $1,492/mo payment, leaves $333/mo cash flow. Total monthly income is $2,770/mo, and annual cash flow is $3,994/yr on $101,074 cash. Return on cash invested measures 23.86% in year one, and rental yield stands at 10.9% at a $304,900 entry. Equity gained on principal adds $1,967/yr while 5% annual appreciation compounds into $84,238 by year five. Five-year ROI records 126.4% and total cumulative return in cash reaches $127,754. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,770/mo property income versus a $1,492/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
5,749 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood data shown for ZIP Code: 77578, Manvel, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,693 (100%) |
| Owner Occupied HU | 9,657 (82.6%) |
| Renter Occupied HU | 1,463 (12.5%) |
| Vacant Housing Units | 573 ( 4.9%) |
| Median Home Value | $377,590 |
| Average Home Value | $400,715 |
Residential
11,430
Single Family
10,460
Multi-Family
970
Businesses
469
Date | Event | Price |
|---|---|---|
| 2024-11-25 | Price change | $304,900 |
| 2024-10-14 | Listed for sale | $319,900 |
| 2022-10-11 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $7693.99 | -4.72% | $323,240 | -3.54% |
| 2023-02-13 | $8074.86 | 27.01% | $335,100 | 25.74% |
| 2022-02-13 | $6357.64 | 3.44% | $266,508 | 10.00% |
What's Special
Radiant Attic Barrier
Listed by: Joel Rankin • J.D. Rankin and Associates
Mls Name: HAR
Mls Provider:
Mls ID: #26689118
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