








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 Sugar Land at 1714 Forestlake Dr, Sugar Land, TX, 77479 priced at $599,000 converts $4,560/mo rent into $300/mo cash flow after a $2,932/mo obligation. Total monthly income equals $4,560/mo, and annual cash flow totals $3,603/yr on $197,071 invested. Return on cash invested prints 21.89% in year one, and rental yield reads 9.14% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 114.66% and total cumulative return in cash sums $225,970. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,560/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 1990
9,674 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77479, Sugar Land, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,079 (100%) |
| Owner Occupied HU | 25,537 (79.6%) |
| Renter Occupied HU | 5,322 (16.6%) |
| Vacant Housing Units | 1,220 ( 3.8%) |
| Median Home Value | $496,309 |
| Average Home Value | $552,380 |
Residential
31,678
Single Family
28,532
Multi-Family
3,146
Businesses
1,373
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: Shane Light • eXp Realty LLC
Mls Name: HAR
Mls ID: #17401130