








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 Sugar Land at 1603 Evening Bend Ct, Sugar Land, TX, 77479 priced at $625,000 converts $4,603/mo rent into $62/mo cash flow after a $3,059/mo obligation. Total monthly income equals $4,603/mo, and annual cash flow totals $738/yr on $205,625 invested. Return on cash invested prints 20.42% in year one, and rental yield reads 8.84% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 106.97% and total cumulative return in cash sums $219,961. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,603/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.32 Acres lot
$N/A/sqft
$1,165 annually HOA
Neighborhood data shown for ZIP Code: 77479, Sugar Land, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,079 (100%) |
| Owner Occupied HU | 25,537 (79.6%) |
| Renter Occupied HU | 5,322 (16.6%) |
| Vacant Housing Units | 1,220 ( 3.8%) |
| Median Home Value | $496,309 |
| Average Home Value | $552,380 |
Residential
31,678
Single Family
28,532
Multi-Family
3,146
Businesses
1,373
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $625,000 |
| 2025-06-27 | Listing removed | $635,000 |
| 2025-06-08 | Price change | $635,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-28 | $7642.35 | 10.76% | $492,470 | 10.00% |
| 2023-06-28 | $6899.64 | -4.89% | $447,700 | 10.00% |
| 2022-06-28 | $7254.16 | 7.42% | $407,000 | 10.00% |



Listed by: Audra O'Neal • ONTX Realty Partners
Mls Name: HAR
Mls Provider:
Mls ID: #59846977
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