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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 Houston at 10722 Sherburne Dr, Houston, TX, 77072 offers $2,117/mo rent that, after a $1,224/mo payment, leaves $313/mo cash flow. Total monthly income is $2,117/mo, and annual cash flow is $3,751/yr on $82,875 cash. Return on cash invested measures 24.44% in year one, and rental yield stands at 10.16% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 128.48% and total cumulative return in cash reaches $106,474. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,117/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
5,415 sqft lot
$N/A/sqft
$315 annually HOA
Neighborhood data shown for ZIP Code: 77072, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,888 (100%) |
| Owner Occupied HU | 7,922 (41.9%) |
| Renter Occupied HU | 9,506 (50.3%) |
| Vacant Housing Units | 1,460 ( 7.7%) |
| Median Home Value | $210,342 |
| Average Home Value | $263,543 |
Residential
18,891
Single Family
11,387
Multi-Family
7,504
Businesses
1,677
Date | Event | Price |
|---|---|---|
| 2024-12-23 | Price change | $250,000 |
| 2024-11-21 | Price change | $265,000 |
| 2024-11-04 | Listed for sale | $269,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $227,871 | -1.29% |
| 2023-12-27 | $2646.70 | 13.96% | $230,848 | 15.77% |
| 2022-12-27 | $2322.41 | N/A | $199,402 | 20.20% |
Listed by: Karishma Naidu • Nextgen Real Estate Properties
Mls Name: HAR
Mls Provider:
Mls ID: #5855264
Disclaimer: Copyright 2024, 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.
