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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 16303 Pradera Dr, Houston, TX, 77083 listed at $229,000 pairs $1,584/mo rent with a $1,121/mo payment. Total monthly income runs $1,584/mo. Return on cash invested measures 18.62% in year one, and rental yield registers 8.3% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 97.38% and total cumulative return in cash totals $73,925. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,584/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
9,404 sqft lot
$N/A/sqft
$444 annually HOA
Neighborhood data shown for ZIP Code: 77083, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,942 (100%) |
| Owner Occupied HU | 14,881 (64.9%) |
| Renter Occupied HU | 7,425 (32.4%) |
| Vacant Housing Units | 636 ( 2.8%) |
| Median Home Value | $257,596 |
| Average Home Value | $292,331 |
Residential
22,671
Single Family
18,760
Multi-Family
3,911
Businesses
1,018
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-15 | $2707.69 | 12.53% | $265,147 | 10.00% |
| 2023-03-15 | $2406.11 | -18.86% | $241,043 | 10.00% |
| 2022-03-15 | $2965.52 | -0.08% | $219,130 | 10.00% |
Listed by: Brenda Zambrano • One2Three Realty
Mls Name: HAR
Mls Provider:
Mls ID: #75373581
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