






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 1240 Peden St, Houston, TX, 77019 priced at $1,275,000 pairs $4,282/mo rent with after a $6,240/mo payment. Total monthly income equals $4,282/mo. Return on cash invested is 6.47% in year one, and rental yield stands at 4.03% on a $1,275,000 basis. Equity gained on principal adds $8,227/yr, and 5% annual appreciation accumulates to $352,259 by year five. Five-year ROI measures 31.93% and total cumulative return in cash reaches $131,894. For financing, Ziffy Mortgage’s DSCR program evaluates $4,282/mo property income against a $6,240/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
3,188 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77019, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,315 (100%) |
| Owner Occupied HU | 5,589 (32.3%) |
| Renter Occupied HU | 10,020 (57.9%) |
| Vacant Housing Units | 1,706 ( 9.9%) |
| Median Home Value | $703,962 |
| Average Home Value | $934,995 |
Residential
16,390
Single Family
6,477
Multi-Family
9,913
Businesses
853
Date | Event | Price |
|---|---|---|
| 2025-01-01 | Listed for sale | $1,275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Debbie Hagan • Haute Haus Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #25381995
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