








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 13423 Thicket Mdws, Houston, TX, 77083 offers a 9.36% rental yield on a $415,000 purchase with $3,238/mo rent. Total monthly income registers $3,238/mo, and a $2,031/mo payment leaves $213/mo available for distribution. Annual cash flow reaches $2,561/yr on $137,573 to close, and return on cash invested stands at 21.77% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 114.28% and total cumulative return in cash at $157,221. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,238/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.27 Acres lot
$N/A/sqft
$884 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 |
|---|---|---|
| 2025-03-20 | Listed for sale | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $3295.45 | 17.08% | $416,616 | 5.48% |
| 2023-03-20 | $2814.77 | 34.37% | $394,969 | 34.27% |
| 2022-03-20 | $2094.74 | N/A | $294,151 | 2.86% |



Listed by: Dorys Amaya • Realty Associates
Mls Name: HAR
Mls Provider:
Mls ID: #7088193
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