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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 1738 Lamonte Ln, Houston, TX, 77018 offers $3,221/mo rent that, after a $2,496/mo payment. Total monthly income is $3,221/mo. Return on cash invested measures 17.16% in year one, and rental yield stands at 7.58% at a $510,000 entry. Equity gained on principal adds $3,291/yr while 5% annual appreciation compounds into $140,904 by year five. Five-year ROI records 89.29% and total cumulative return in cash reaches $149,823. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,221/mo property income versus a $2,496/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
9,361 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $510,000 |
| 2022-03-25 | Listing removed | N/A |
| 2022-03-03 | Listed for sale | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $6484.69 | 7.48% | $438,519 | -0.32% |
| 2023-03-14 | $6033.37 | -6.44% | $439,930 | 12.88% |
| 2022-03-14 | $6448.76 | N/A | $389,732 | 10.32% |
Listed by: Iris Aguirre • NB Elite Realty
Mls Name: HAR
Mls Provider:
Mls ID: #54398484
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