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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 Houston at 1601 S Shepherd Dr APT 112, Houston, TX, 77019 offers a 8.51% rental yield on a $215,000 purchase with $1,525/mo rent. 27% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 65.88% and total cumulative return in cash at $46,957. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,525/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
$416 monthly HOA
Neighborhood data shown for ZIP Code: 77019, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,315 (100%) |
| Owner Occupied HU | 5,589 (32.3%) |
| Renter Occupied HU | 10,020 (57.9%) |
| Vacant Housing Units | 1,706 ( 9.9%) |
| Median Home Value | $703,962 |
| Average Home Value | $934,995 |
Residential
16,390
Single Family
6,477
Multi-Family
9,913
Businesses
853
Date | Event | Price |
|---|---|---|
| 2025-01-24 | Price change | $215,000 |
| 2024-11-14 | Listed for sale | $235,000 |
| 2021-01-07 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3976.89 | -0.93% | $190,067 | -4.60% |
| 2023-02-13 | $4014.05 | 3.19% | $199,227 | 12.77% |
| 2022-02-13 | $3890.14 | N/A | $176,673 | 2.53% |
Listed by: Kyla Phung Linn • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #66654860
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