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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 12235 Lemon Ridge Ln, Houston, TX, 77035 listed at $142,000 pairs $1,123/mo rent with a $695/mo payment to leave $113/mo cash flow. Total monthly income runs $1,123/mo, and annual cash flow reaches $1,359/yr on $47,073 cash to close. Return on cash invested measures 22.8% in year one, and rental yield registers 9.49% at a $142,000 basis. Equity gained on principal adds $916/yr, and annual property appreciation at 5% supports $39,232 by year five. Five-year ROI tracks 119.61% and total cumulative return in cash totals $56,306. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,123/mo property income relative to a $695/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1980
1,058 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 | ||||
Listed by: Lori Askeroglu • Key 2 Texas Realty
Mls Name: HAR
Mls ID: #57563095
