








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 16038 Belleshire Ln, Houston, TX, 77084 offers a 9.37% rental yield on a $335,000 purchase with $2,615/mo rent. Total monthly income registers $2,615/mo, and a $1,640/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,964/yr on $111,053 to close, and return on cash invested stands at 21.68% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 113.81% and total cumulative return in cash at $126,392. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,615/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.26 Acres lot
$N/A/sqft
$825 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 |
|---|---|---|
| 2025-04-26 | Listed for sale | $335,000 |
| 2008-10-31 | Listing removed | $156,000 |
| 2008-10-17 | Listed for sale | $156,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-26 | $155.17 | N/A | $302,673 | -9.73% |
| 2023-04-26 | N/A | N/A | $335,304 | 16.82% |
| 2022-04-26 | $1989.79 | N/A | $287,020 | 28.17% |



Listed by: Gloria Casanova • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #55089350
Disclaimer: Copyright 2025, 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.