








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 14919 Gray Ridge Dr, Houston, TX, 77082 offers a 10.99% rental yield on a $243,000 purchase with $2,225/mo rent. Total monthly income registers $2,225/mo, and a $1,189/mo payment leaves $472/mo available for distribution. Annual cash flow reaches $5,668/yr on $80,555 to close, and return on cash invested stands at 26.95% in year one. Equity gained on principal adds $1,568/yr while 5% annual appreciation supports $67,136 over five years. Portfolio math shows five-year ROI at 141.95% and total cumulative return in cash at $114,344. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,225/mo property income against a $1,189/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
2,979 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood data shown for ZIP Code: 77082, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,510 (100%) |
| Owner Occupied HU | 8,364 (32.8%) |
| Renter Occupied HU | 15,382 (60.3%) |
| Vacant Housing Units | 1,764 ( 6.9%) |
| Median Home Value | $280,305 |
| Average Home Value | $429,694 |
Residential
24,073
Single Family
10,344
Multi-Family
13,729
Businesses
1,182
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Listed for sale | $243,000 |
| 2009-01-11 | Listing removed | $1,400 |
| 2008-10-17 | Listed for sale | $1,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-02 | $1709.75 | -1.19% | $223,893 | -7.81% |
| 2023-08-02 | $1730.34 | 7.81% | $242,855 | 7.76% |
| 2022-08-02 | $1604.96 | N/A | $225,375 | 34.08% |



Listed by: Stephen Magura • Keller Williams Realty Metropolitan
Mls Name: HAR
Mls Provider:
Mls ID: #11668610
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