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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% |
Rental property for sale in Houston at 12500 Brookglade Cir UNIT 208, Houston, TX, 77099 generates $2,438/mo in rent and, after a $685/mo payment, leaves $1,143/mo in cash flow. Total monthly income is $2,438/mo, and annual cash flow is $13,712/yr on $46,410 invested. Return on cash invested sits at 49.45% in year one, and rental yield is 20.9% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 265.34% and total cumulative return in cash sums $123,142. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,438/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
1,411 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood data shown for ZIP Code: 77099, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,112 (100%) |
| Owner Occupied HU | 6,620 (38.7%) |
| Renter Occupied HU | 9,454 (55.2%) |
| Vacant Housing Units | 1,038 ( 6.1%) |
| Median Home Value | $195,067 |
| Average Home Value | $263,096 |
Residential
17,536
Single Family
7,807
Multi-Family
9,729
Businesses
1,447
Date | Event | Price |
|---|---|---|
| 2024-06-14 | Listed for sale | $140,000 |
| 2013-05-14 | Sold | N/A |
| 2007-03-19 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $1480.69 | 33.82% | $129,148 | 12.85% |
| 2022-08-16 | $1106.45 | N/A | $114,443 | 27.92% |
| 2021-08-16 | N/A | N/A | $89,465 | -6.07% |
Listed by: Omolara Osemene • Triad One Realty
Mls Name: HAR
Mls Provider:
Mls ID: #6480348
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
