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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 15515 Evergreen Grove Dr, Houston, TX, 77083 generates $2,146/mo in rent and, after a $1,150/mo payment, leaves $475/mo in cash flow. Total monthly income is $2,146/mo, and annual cash flow is $5,701/yr on $77,903 invested. Return on cash invested sits at 27.23% in year one, and rental yield is 10.96% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 143.35% and total cumulative return in cash sums $111,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,146/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
5,214 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77083, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,942 (100%) |
| Owner Occupied HU | 14,881 (64.9%) |
| Renter Occupied HU | 7,425 (32.4%) |
| Vacant Housing Units | 636 ( 2.8%) |
| Median Home Value | $257,596 |
| Average Home Value | $292,331 |
Residential
22,671
Single Family
18,760
Multi-Family
3,911
Businesses
1,018
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: Tu Huynh • 5th Stream Realty
Mls Name: HAR
Mls ID: #31703844
