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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 Cypress at 15010 Zenith Glen Ln, Cypress, TX, 77429 generates $2,639/mo in rent and, after a $1,517/mo payment, leaves $399/mo in cash flow. Total monthly income is $2,639/mo, and annual cash flow is $4,793/yr on $102,765 invested. Return on cash invested sits at 24.57% in year one, and rental yield is 10.22% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 129.23% and total cumulative return in cash sums $132,799. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,639/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
6,159 sqft lot
$N/A/sqft
$425 annually HOA
Neighborhood data shown for ZIP Code: 77429, Cypress, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,613 (100%) |
| Owner Occupied HU | 25,546 (76.0%) |
| Renter Occupied HU | 7,150 (21.3%) |
| Vacant Housing Units | 917 ( 2.7%) |
| Median Home Value | $371,673 |
| Average Home Value | $405,431 |
Residential
33,064
Single Family
29,175
Multi-Family
3,889
Businesses
1,782
Date | Event | Price |
|---|---|---|
| 2024-12-18 | Price change | $310,000 |
| 2024-12-03 | Price change | $315,000 |
| 2024-11-11 | Listed for sale | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $278,749 | -6.94% |
| 2023-12-27 | $3370.39 | 7.25% | $299,541 | 18.27% |
| 2022-12-27 | $3142.46 | N/A | $253,262 | 14.49% |
Listed by: Nedal Walker • CB&A, Realtors
Mls Name: HAR
Mls Provider:
Mls ID: #63811168
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.
