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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 12511 Shepherds Ridge Dr, Houston, TX, 77077 generates $3,487/mo in rent, after a $2,668/mo payment. Total monthly income is $3,487/mo. Return on cash invested sits at 17.02% in year one, and rental yield is 7.68% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 88.69% and total cumulative return in cash sums $159,024. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,487/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
7,919 sqft lot
$N/A/sqft
$785 annually HOA
Neighborhood data shown for ZIP Code: 77077, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,203 (100%) |
| Owner Occupied HU | 10,197 (34.9%) |
| Renter Occupied HU | 16,666 (57.1%) |
| Vacant Housing Units | 2,340 ( 8.0%) |
| Median Home Value | $386,362 |
| Average Home Value | $454,304 |
Residential
30,466
Single Family
10,107
Multi-Family
20,359
Businesses
1,724
Date | Event | Price |
|---|---|---|
| 2025-09-20 | Price change | $545,000 |
| 2025-07-01 | Pending sale | $350,000 |
| 2025-06-28 | Price change | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-20 | $642.31 | -16.28% | $414,387 | N/A |
| 2023-09-20 | $767.17 | -57.16% | $414,387 | 12.19% |
| 2022-09-20 | $1790.67 | N/A | $369,375 | 10.74% |
Listed by: Glory Crafts • RE/MAX Fine Properties
Mls Name: HAR
Mls Provider:
Mls ID: #59596139
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