








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 Pearland at 12301 Evening Bay Dr, Pearland, TX, 77584 generates $3,481/mo in rent and, after a $2,149/mo payment, leaves $359/mo in cash flow. Total monthly income is $3,481/mo, and annual cash flow is $4,307/yr on $145,529 invested. Return on cash invested sits at 22.87% in year one, and rental yield is 9.52% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 119.92% and total cumulative return in cash sums $174,512. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,481/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
9,204 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77584, Pearland, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,361 (100%) |
| Owner Occupied HU | 24,157 (68.3%) |
| Renter Occupied HU | 9,578 (27.1%) |
| Vacant Housing Units | 1,626 ( 4.6%) |
| Median Home Value | $367,856 |
| Average Home Value | $387,516 |
Residential
33,731
Single Family
27,172
Multi-Family
6,559
Businesses
2,061
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: Rania Jamal • 5X REALTY
Mls Name: HAR
Mls ID: #70147727