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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% |
Investment property for sale in Houston at 11008 Mikula Dr, Houston, TX, 77043 offers a 10.57% rental yield on a $425,000 purchase with $3,742/mo rent. Total monthly income registers $3,742/mo, and a $2,080/mo payment leaves $528/mo available for distribution. Annual cash flow reaches $6,339/yr on $140,888 to close, and return on cash invested stands at 24.41% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 128.8% and total cumulative return in cash at $181,457. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,742/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
1,681 sqft lot
$N/A/sqft
$2,300 annually HOA
Neighborhood data shown for ZIP Code: 77043, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,986 (100%) |
| Owner Occupied HU | 5,840 (45.0%) |
| Renter Occupied HU | 5,973 (46.0%) |
| Vacant Housing Units | 1,173 ( 9.0%) |
| Median Home Value | $403,744 |
| Average Home Value | $404,316 |
Residential
11,310
Single Family
6,765
Multi-Family
4,545
Businesses
1,402
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $425,000 |
| 2024-02-12 | Listing removed | N/A |
| 2024-02-06 | Listed for sale | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $4518.16 | 6.14% | $445,100 | -0.78% |
| 2023-06-27 | $4256.75 | -3.60% | $448,620 | 8.62% |
| 2022-06-27 | $4415.67 | N/A | $413,019 | 8.02% |
What's Special
Radiant Attic Barrier
Listed by: Jay Cho • HomePlus Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #63898703
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