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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 14550 Fonmeadow Dr APT 1407, Houston, TX, 77035 earns $300/mo cash flow from $1,477/mo rent with a $563/mo payment. Total monthly income totals $1,477/mo, and annual cash flow totals $3,601/yr on $38,123 capital. ROI tracks 29.36% on current figures, and rental yield reads 15.41% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 158.95% and total cumulative return in cash sums $60,597. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,477/mo property income instead of your personal income.
Condo
Built in 1985
3.12 Acres lot
$N/A/sqft
$359 monthly HOA
Neighborhood data shown for ZIP Code: 77035, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,070 (100%) |
| Owner Occupied HU | 5,341 (38.0%) |
| Renter Occupied HU | 7,467 (53.1%) |
| Vacant Housing Units | 1,262 ( 9.0%) |
| Median Home Value | $328,034 |
| Average Home Value | $345,633 |
Residential
15,713
Single Family
7,397
Multi-Family
8,316
Businesses
794
Date | Event | Price |
|---|---|---|
| 2024-08-30 | Listed for sale | $115,000 |
| 2017-09-11 | Sold | N/A |
| 2017-07-13 | Pending sale | $34,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $82,363 | 10.12% |
| 2023-12-27 | $1506.90 | 65.27% | $74,792 | 80.62% |
| 2022-12-27 | $911.77 | N/A | $41,409 | 5.41% |
Listed by: Nafisa Yaqoob • REALM Real Estate Professionals - Sugar Land
Mls Name: HAR
Mls Provider:
Mls ID: #86739120
Disclaimer: Copyright 2024, 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.
