Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 12918 Dresden Ridge Ln, Houston, TX, 77070 with 5% annual appreciation on a $289,000 basis while $3,914/mo rent supports operations. Total monthly income totals $3,914/mo and a $1,415/mo payment preserves $1,813/mo for cash returns. Annual cash flow comes to $21,751/yr on $95,804 deployed, and return on cash invested reaches 42.61% in year one. Equity gained on principal adds $1,865/yr, and five-year appreciation sums $79,845 alongside rental yield of 16.25%. Five-year ROI measures 226.03% and total cumulative return in cash totals $216,542.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,914/mo property income versus a $1,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
5,749 sqft lot
$N/A/sqft
$550 annually HOA
Neighborhood data shown for ZIP Code: 77070, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,485 (100%) |
| Owner Occupied HU | 10,944 (44.7%) |
| Renter Occupied HU | 11,655 (47.6%) |
| Vacant Housing Units | 1,886 ( 7.7%) |
| Median Home Value | $303,431 |
| Average Home Value | $367,052 |
Residential
23,896
Single Family
12,639
Multi-Family
11,257
Businesses
2,542
Date | Event | Price |
|---|---|---|
| 2024-08-15 | Price change | $289,000 |
| 2024-08-07 | Listed for sale | $299,000 |
| 2024-07-31 | Pending sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $2285.08 | 11.28% | $298,814 | 11.25% |
| 2022-08-15 | $2053.38 | N/A | $268,602 | 29.92% |
| 2021-08-15 | N/A | N/A | $206,743 | 0.49% |
Listed by: Marc Griner • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #8267822
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.
