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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 1641 Prairie Mark Ln, Houston, TX, 77077 listed at $185,000 pairs $3,197/mo rent with a $905/mo payment to leave $1,446/mo cash flow. Total monthly income runs $3,197/mo, and annual cash flow reaches $17,351/yr on $61,328 cash to close. Return on cash invested measures 48.2% in year one, and rental yield registers 20.74% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 258.88% and total cumulative return in cash totals $158,763. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,197/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1977
1,750 sqft lot
$N/A/sqft
$360 monthly HOA
Neighborhood data shown for ZIP Code: 77077, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,203 (100%) |
| Owner Occupied HU | 10,197 (34.9%) |
| Renter Occupied HU | 16,666 (57.1%) |
| Vacant Housing Units | 2,340 ( 8.0%) |
| Median Home Value | $386,362 |
| Average Home Value | $454,304 |
Residential
30,466
Single Family
10,107
Multi-Family
20,359
Businesses
1,724
Date | Event | Price |
|---|---|---|
| 2024-08-30 | Listed for sale | $185,000 |
| 2017-02-01 | Listing removed | $1,350 |
| 2017-01-17 | Listed for rent | $1,350 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $3983.17 | 519.82% | $197,694 | 15.86% |
| 2022-08-31 | $642.63 | N/A | $170,629 | 28.78% |
| 2021-08-31 | N/A | N/A | $132,500 | 1.26% |
Listed by: Michael Brown • Berkshire Hathaway HomeServices Premier Properties
Mls Name: HAR
Mls Provider:
Mls ID: #4177081
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.
