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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 16031 Mountain Shadows Dr, Houston, TX, 77084 offers $4,349/mo rent that, after a $1,542/mo payment, leaves $2,058/mo cash flow. Total monthly income is $4,349/mo, and annual cash flow is $24,693/yr on $104,423 cash. Return on cash invested measures 43.56% in year one, and rental yield stands at 16.57% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 231.08% and total cumulative return in cash reaches $241,301. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,349/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.27 Acres lot
$N/A/sqft
$612 annually HOA
Neighborhood data shown for ZIP Code: 77084, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,024 (100%) |
| Owner Occupied HU | 22,771 (51.7%) |
| Renter Occupied HU | 18,145 (41.2%) |
| Vacant Housing Units | 3,108 ( 7.1%) |
| Median Home Value | $272,729 |
| Average Home Value | $304,445 |
Residential
40,315
Single Family
27,843
Multi-Family
12,472
Businesses
2,662
Date | Event | Price |
|---|---|---|
| 2024-08-15 | Listed for sale | $315,000 |
| 2020-12-02 | Sold | N/A |
| 2020-10-27 | Pending sale | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $3322.59 | -16.97% | $312,953 | 16.24% |
| 2022-08-16 | $4001.63 | N/A | $269,227 | 16.58% |
| 2021-08-16 | N/A | N/A | $230,942 | 20.65% |
Listed by: Sara St. Marceaux • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #60681499
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.
