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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 13038 Skymeadow Dr, Houston, TX, 77082 generates $2,662/mo in rent and, after a $1,801/mo payment, leaves $16/mo in cash flow. Total monthly income is $2,662/mo, and annual cash flow is $193/yr on $121,992 invested. Return on cash invested sits at 20.07% in year one, and rental yield is 8.68% on a $368,000 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation builds toward $101,672 over five years. Five-year ROI reaches 105.04% and total cumulative return in cash sums $128,137. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,662/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
5,993 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood data shown for ZIP Code: 77082, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,510 (100%) |
| Owner Occupied HU | 8,364 (32.8%) |
| Renter Occupied HU | 15,382 (60.3%) |
| Vacant Housing Units | 1,764 ( 6.9%) |
| Median Home Value | $280,305 |
| Average Home Value | $429,694 |
Residential
24,073
Single Family
10,344
Multi-Family
13,729
Businesses
1,182
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Price change | $368,000 |
| 2025-05-21 | Price change | $385,000 |
| 2025-05-21 | Listed for sale | $297,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-18 | $3115.21 | -2.97% | $279,774 | -0.09% |
| 2023-09-18 | $3210.53 | 12.47% | $280,027 | 9.88% |
| 2022-09-18 | $2854.65 | N/A | $254,858 | 27.15% |
Listed by: Harry Lou • Fidelity Realtors and Services
Mls Name: HAR
Mls Provider:
Mls ID: #81980010
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.
