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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 114 Riley Ln, Houston, TX, 77003 priced at $315,000 converts $2,518/mo rent into $59/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,518/mo, and annual cash flow totals $707/yr on $104,423 invested. Return on cash invested prints 20.59% in year one, and rental yield reads 9.59% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 108.58% and total cumulative return in cash sums $113,381. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,518/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 2007
1,398 sqft lot
$N/A/sqft
$1,590 annually HOA
Neighborhood data shown for ZIP Code: 77003, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,128 (100%) |
| Owner Occupied HU | 2,860 (35.2%) |
| Renter Occupied HU | 3,800 (46.8%) |
| Vacant Housing Units | 1,468 (18.1%) |
| Median Home Value | $374,465 |
| Average Home Value | $405,495 |
Residential
6,521
Single Family
4,577
Multi-Family
1,944
Businesses
763
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Listed for sale | $315,000 |
| 2021-09-09 | Sold | N/A |
| 2021-08-09 | Pending sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $283,099 | -8.97% |
| 2023-12-27 | $6265.64 | 2.59% | $310,979 | 12.11% |
| 2022-12-27 | $6107.71 | N/A | $277,385 | 9.19% |
Listed by: Joshua Staats • PrimePointe
Mls Name: HAR
Mls Provider:
Mls ID: #15037432
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