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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 1428 W 23rd St UNIT A, Houston, TX, 77008 listed at $535,000 pairs $4,074/mo rent with a $2,619/mo payment to leave $269/mo cash flow. Total monthly income runs $4,074/mo, and annual cash flow reaches $3,229/yr on $176,015 cash to close. Return on cash invested measures 21.89% in year one, and rental yield registers 9.14% at a $535,000 basis. Equity gained on principal adds $3,452/yr, and annual property appreciation at 5% supports $147,811 by year five. Five-year ROI tracks 114.7% and total cumulative return in cash totals $201,892. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,074/mo property income relative to a $2,619/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
1,816 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77008, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,031 (100%) |
| Owner Occupied HU | 11,593 (50.3%) |
| Renter Occupied HU | 9,475 (41.1%) |
| Vacant Housing Units | 1,963 ( 8.5%) |
| Median Home Value | $542,417 |
| Average Home Value | $635,144 |
Residential
23,112
Single Family
15,285
Multi-Family
7,827
Businesses
1,930
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $535,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $7438.65 | 10.33% | $495,413 | 5.11% |
| 2023-05-29 | $6741.92 | -8.36% | $471,334 | -1.37% |
| 2022-05-29 | $7356.79 | N/A | $477,875 | 15.15% |
Listed by: Leah Manuel • Better Homes and Gardens Real Estate Gary Greene - West Gray
Mls Name: HAR
Mls Provider:
Mls ID: #54722387
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