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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 1330 Old Spanish Trl APT 3103, Houston, TX, 77054 listed at $159,900 pairs $2,274/mo rent with a $783/mo payment to leave $866/mo cash flow. Total monthly income runs $2,274/mo, and annual cash flow reaches $10,387/yr on $53,007 cash to close. Return on cash invested measures 39.5% in year one, and rental yield registers 17.07% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 211.39% and total cumulative return in cash totals $112,050. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,274/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1995
7.52 Acres lot
$N/A/sqft
$271 monthly HOA
Neighborhood data shown for ZIP Code: 77054, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,481 (100%) |
| Owner Occupied HU | 2,282 (13.8%) |
| Renter Occupied HU | 12,097 (73.4%) |
| Vacant Housing Units | 2,102 (12.8%) |
| Median Home Value | $269,018 |
| Average Home Value | $335,532 |
Residential
16,326
Single Family
683
Multi-Family
15,643
Businesses
1,214
Date | Event | Price |
|---|---|---|
| 2024-08-09 | Price change | $159,900 |
| 2024-06-04 | Listed for sale | $166,000 |
| 2022-05-04 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $1492.29 | -22.14% | $146,201 | 5.29% |
| 2022-08-15 | $1916.62 | N/A | $138,855 | 15.71% |
| 2021-08-15 | N/A | N/A | $120,000 | -9.73% |
Listed by: Debby Lin • REALM Real Estate Professionals - Galleria
Mls Name: HAR
Mls Provider:
Mls ID: #59413655
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