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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 1717 W 23rd St #C, Houston, TX, 77008 offers a 9.47% rental yield on a $474,900 purchase with $3,748/mo rent. Total monthly income registers $3,748/mo, and a $2,324/mo payment leaves $371/mo available for distribution. Annual cash flow reaches $4,456/yr on $157,429 to close, and return on cash invested stands at 22.74% in year one. Equity gained on principal adds $3,064/yr while 5% annual appreciation supports $131,206 over five years. Portfolio math shows five-year ROI at 119.24% and total cumulative return in cash at $187,715. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,748/mo property income against a $2,324/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1,498 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77008, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,031 (100%) |
| Owner Occupied HU | 11,593 (50.3%) |
| Renter Occupied HU | 9,475 (41.1%) |
| Vacant Housing Units | 1,963 ( 8.5%) |
| Median Home Value | $542,417 |
| Average Home Value | $635,144 |
Residential
23,112
Single Family
15,285
Multi-Family
7,827
Businesses
1,930
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Listed for sale | $474,900 |
| 2025-04-04 | Listing removed | $475,000 |
| 2025-04-03 | Price change | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $1687.06 | 3.85% | $80,630 | N/A |
| 2023-04-10 | $1624.55 | N/A | $80,630 | N/A |
What's Special
Radiant Attic Barrier
Listed by: Wes Stoyanov • Luxury Homes Realty
Mls Name: HAR
Mls Provider:
Mls ID: #74242973
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.
