








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 14615 Olive Sparrow Ln, Houston, TX, 77049 listed at $359,999 pairs $2,610/mo rent with a $1,762/mo payment to leave $50/mo cash flow. Total monthly income runs $2,610/mo, and annual cash flow reaches $600/yr on $119,340 cash to close. Return on cash invested measures 20.41% in year one, and rental yield registers 8.7% at a $359,999 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 106.73% and total cumulative return in cash totals $127,377. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,610/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
5,671 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77049, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,210 (100%) |
| Owner Occupied HU | 8,143 (61.6%) |
| Renter Occupied HU | 4,292 (32.5%) |
| Vacant Housing Units | 775 ( 5.9%) |
| Median Home Value | $241,202 |
| Average Home Value | $295,661 |
Residential
13,446
Single Family
9,892
Multi-Family
3,554
Businesses
597
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Gerwayne Collins • Legacy Homes & Properties, LLC
Mls Name: HAR
Mls ID: #32709462