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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 12111 Lemon Ridge Ln #121, Houston, TX, 77035 uses $44,753 cash to close to unlock $1,305/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $1,069/mo, and a $661/mo payment keeps the spread at $109/mo. Purchase price stands at $135,000, and rental yield measures 9.5% with $1,069/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 119.7% and total cumulative return in cash records $53,569. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,069/mo property income covering a $661/mo payment rather than investor’s personal income.
Townhouse
Built in 1980
1,128 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77035, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,070 (100%) |
| Owner Occupied HU | 5,341 (38.0%) |
| Renter Occupied HU | 7,467 (53.1%) |
| Vacant Housing Units | 1,262 ( 9.0%) |
| Median Home Value | $328,034 |
| Average Home Value | $345,633 |
Residential
15,713
Single Family
7,397
Multi-Family
8,316
Businesses
794
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar price properties found nearby.
Listed by: Denice Moyer • Keller Williams Realty Professionals
Mls Name: HAR
Mls ID: #34278934
