








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 Spanish Bay Ct N, Manvel, TX, 77578 priced at $708,000 converts $4,780/mo rent into after a $3,465/mo obligation. Total monthly income equals $4,780/mo. Return on cash invested prints 18.11% in year one, and rental yield reads 8.1% against a $708,000 entry. Equity gained on principal adds $4,569/yr, while 5% annual appreciation compiles into $195,607 by year five. Five-year ROI reaches 94.59% and total cumulative return in cash sums $220,327. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,780/mo property income covering a $3,465/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.35 Acres lot
$N/A/sqft
$1,500 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 |
|---|---|---|
| 2025-03-24 | Listed for sale | $708,000 |
| 2017-12-14 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $6558.95 | 1.98% | $275,555 | -42.62% |
| 2023-03-24 | $6431.43 | -24.92% | $480,249 | 10.00% |
| 2022-03-24 | $8566.30 | 3.37% | $436,590 | 10.00% |



Listed by: Kody Kubosh • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #71763484
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.