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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 1202 Forest Home Dr, Houston, TX, 77077 generates $3,359/mo in rent, after a $2,442/mo payment. Total monthly income is $3,359/mo. Return on cash invested sits at 18.54% in year one, and rental yield is 8.08% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 96.69% and total cumulative return in cash sums $159,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,359/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
5,353 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Andrea Alvarez • RE/MAX Universal
Mls Name: HAR
Mls ID: #13988325
