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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% |
Rental property for sale in Houston at 14600 Fonmeadow Dr APT 407, Houston, TX, 77035 generates $821/mo in rent, after a $518/mo payment. Total monthly income is $821/mo. Return on cash invested sits at 9.52% in year one, and rental yield is 9.3% on a $105,888 entry. Equity gained on principal adds $683/yr, while 5% annual appreciation builds toward $29,255 over five years. Five-year ROI reaches 53.07% and total cumulative return in cash sums $18,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $821/mo property income rather than buyer’s personal income.
Townhouse
Built in 1984
4.36 Acres lot
$N/A/sqft
$325 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 |
|---|---|---|
| 2025-02-03 | Listed for sale | $105,888 |
| 2025-01-15 | Pending sale | $105,888 |
| 2024-11-28 | Listed for sale | $105,888 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2321.75 | 8.34% | $110,963 | 4.32% |
| 2023-02-13 | $2143.05 | 19.00% | $106,364 | 30.05% |
| 2022-02-13 | $1800.82 | N/A | $81,785 | 32.16% |
Listed by: Samuel Kiteka • Sam Houston Properties
Mls Name: HAR
Mls Provider:
Mls ID: #10386947
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