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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 128 Riggs Rd, Houston, TX, 77022 at $185,000 posts ROI 23.04% with $160/mo cash flow from $1,475/mo rent. Total monthly income equals $1,475/mo, and annual cash flow records $1,919/yr on $61,328 to close. Return on cash invested measures 23.04% and rental yield reads 9.57% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 120.83% and total cumulative return in cash totals $74,103.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,475/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77022, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,188 (100%) |
| Owner Occupied HU | 4,348 (38.9%) |
| Renter Occupied HU | 5,798 (51.8%) |
| Vacant Housing Units | 1,042 ( 9.3%) |
| Median Home Value | $234,249 |
| Average Home Value | $306,751 |
Residential
10,861
Single Family
8,003
Multi-Family
2,858
Businesses
1,424
Date | Event | Price |
|---|---|---|
| 2024-04-17 | Price change | $185,000 |
| 2023-03-28 | Listed for sale | $190,000 |
| 2018-05-19 | Listing removed | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3066.82 | 6.64% | $146,572 | 2.69% |
| 2023-02-13 | $2875.89 | 15.64% | $142,737 | 26.37% |
| 2022-02-13 | $2487.04 | N/A | $112,950 | 10.58% |
Listed by: Laura Rodriguez • Executive Texas Realty
Mls Name: HAR
Mls Provider:
Mls ID: #68781372
Disclaimer: Copyright 2025, 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.
