








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 13407 Laurel River Dr, Houston, TX, 77083 listed at $245,000 pairs $2,120/mo rent with a $1,199/mo payment to leave $343/mo cash flow. Total monthly income runs $2,120/mo, and annual cash flow reaches $4,119/yr on $81,218 cash to close. Return on cash invested measures 24.98% in year one, and rental yield registers 10.38% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 131.47% and total cumulative return in cash totals $106,776. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,120/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
6,176 sqft lot
$N/A/sqft
$416 annually HOA
Neighborhood data shown for ZIP Code: 77083, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,942 (100%) |
| Owner Occupied HU | 14,881 (64.9%) |
| Renter Occupied HU | 7,425 (32.4%) |
| Vacant Housing Units | 636 ( 2.8%) |
| Median Home Value | $257,596 |
| Average Home Value | $292,331 |
Residential
22,671
Single Family
18,760
Multi-Family
3,911
Businesses
1,018
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $245,000 |
| 2021-03-24 | Listing removed | N/A |
| 2014-11-29 | Listing removed | $1,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $1825.88 | 11.00% | $230,828 | N/A |
| 2023-06-27 | $1645.01 | 4.64% | $230,828 | 4.56% |
| 2022-06-27 | $1572.06 | N/A | $220,756 | 36.91% |



Listed by: John Trang • Uniq Realty
Mls Name: HAR
Mls Provider:
Mls ID: #33937142
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.