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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 1142 Gardencrest Ln, Houston, TX, 77077 generates $4,297/mo in rent and, after a $2,687/mo payment, leaves $160/mo in cash flow. Total monthly income is $4,297/mo, and annual cash flow is $1,917/yr on $180,621 invested. Return on cash invested sits at 21.12% in year one, and rental yield is 9.39% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 111.09% and total cumulative return in cash sums $200,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,297/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
4,434 sqft lot
$N/A/sqft
$2,800 annually HOA
Neighborhood data shown for ZIP Code: 77077, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,203 (100%) |
| Owner Occupied HU | 10,197 (34.9%) |
| Renter Occupied HU | 16,666 (57.1%) |
| Vacant Housing Units | 2,340 ( 8.0%) |
| Median Home Value | $386,362 |
| Average Home Value | $454,304 |
Residential
30,466
Single Family
10,107
Multi-Family
20,359
Businesses
1,724
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $549,000 |
| 2013-10-25 | Listing removed | $469,900 |
| 2013-10-02 | Pending sale | $469,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $2744.49 | -48.67% | $494,961 | -9.23% |
| 2022-10-21 | $5346.93 | N/A | $545,319 | 0.60% |
| 2021-10-21 | N/A | N/A | $542,084 | N/A |
Listed by: Anita Guerra • Monark Realty
Mls Name: HAR
Mls Provider:
Mls ID: #3163149
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