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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% |
Investment property for sale in Jersey Village at 15526 Congo Ln, Jersey Village, TX, 77040 offers a 9.27% rental yield on a $410,000 purchase with $3,167/mo rent. Total monthly income registers $3,167/mo, and a $2,007/mo payment leaves $251/mo available for distribution. Annual cash flow reaches $3,014/yr on $135,915 to close, and return on cash invested stands at 22.13% in year one. Equity gained on principal adds $2,646/yr while 5% annual appreciation supports $113,275 over five years. Portfolio math shows five-year ROI at 115.97% and total cumulative return in cash at $157,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,167/mo property income against a $2,007/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77040, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,233 (100%) |
| Owner Occupied HU | 9,849 (51.2%) |
| Renter Occupied HU | 8,583 (44.6%) |
| Vacant Housing Units | 801 ( 4.2%) |
| Median Home Value | $296,605 |
| Average Home Value | $322,592 |
Residential
18,335
Single Family
11,467
Multi-Family
6,868
Businesses
2,235
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Listed for sale | $410,000 |
| 2022-09-12 | Sold | N/A |
| 2022-08-17 | Pending sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-26 | $4395.30 | 1.28% | $361,591 | -6.59% |
| 2023-08-26 | $4339.56 | 16.83% | $387,093 | 17.61% |
| 2022-08-26 | $3714.30 | N/A | $329,122 | 54.96% |
Listed by: Isabel Nordin • Better Homes and Gardens Real Estate Gary Greene - Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #28866740
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