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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 12117 Lemon Ridge Ln #121, Houston, TX, 77035 earns from $1,129/mo rent with a $719/mo payment. Total monthly income totals $1,129/mo. ROI tracks 12.6% on current figures, and rental yield reads 9.22% at a $147,000 purchase. Equity gained on principal adds $949/yr, and 5% annual appreciation supports $40,613 over five years. Five-year ROI reaches 68.36% and total cumulative return in cash sums $33,312. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,129/mo property income instead of your personal income.
Townhouse
Built in 1980
1,121 sqft lot
$N/A/sqft
$366 monthly 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 |
|---|---|---|
| 2025-02-06 | Price change | $147,000 |
| 2025-01-06 | Listed for sale | $152,000 |
| 2024-02-09 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2619.95 | 10.14% | $125,215 | 6.06% |
| 2023-02-13 | $2378.68 | N/A | $118,059 | 11.13% |
| 2022-02-13 | N/A | N/A | $106,236 | 29.50% |
Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #15727418
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