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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 1711 Old Spanish Trl APT 240, Houston, TX, 77054 generates $1,828/mo in rent and, after a $827/mo payment, leaves $626/mo in cash flow. Total monthly income is $1,828/mo, and annual cash flow is $7,517/yr on $56,024 invested. Return on cash invested sits at 33.33% in year one, and rental yield is 12.98% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 176.06% and total cumulative return in cash sums $98,635. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,828/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77054, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,481 (100%) |
| Owner Occupied HU | 2,282 (13.8%) |
| Renter Occupied HU | 12,097 (73.4%) |
| Vacant Housing Units | 2,102 (12.8%) |
| Median Home Value | $269,018 |
| Average Home Value | $335,532 |
Residential
16,326
Single Family
683
Multi-Family
15,643
Businesses
1,214
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jonathan Layton • Luxely Real Estate
Mls Name: HAR
Mls ID: #35179817
