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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 16046 Highlander Dr, Houston, TX, 77082 generates $1,493/mo in rent, after a $1,023/mo payment. Total monthly income is $1,493/mo. Return on cash invested sits at 19.75% in year one, and rental yield is 8.57% on a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 103.28% and total cumulative return in cash sums $71,558. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,493/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
5,501 sqft lot
$N/A/sqft
$194 annually HOA
Neighborhood data shown for ZIP Code: 77082, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,510 (100%) |
| Owner Occupied HU | 8,364 (32.8%) |
| Renter Occupied HU | 15,382 (60.3%) |
| Vacant Housing Units | 1,764 ( 6.9%) |
| Median Home Value | $280,305 |
| Average Home Value | $429,694 |
Residential
24,073
Single Family
10,344
Multi-Family
13,729
Businesses
1,182
Date | Event | Price |
|---|---|---|
| 2025-03-16 | Listed for sale | $209,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-17 | $105.71 | N/A | $226,769 | 0.85% |
| 2023-03-17 | N/A | N/A | $224,855 | 11.85% |
| 2022-03-17 | $65.38 | N/A | $201,039 | 23.72% |
Listed by: Jay Floyd • American Republic Realty & Mortgage Services, Inc.
Mls Name: HAR
Mls Provider:
Mls ID: #41936475
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.
