








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 1822 Calabasas Way, Houston, TX, 77080 listed at $399,990 pairs $3,427/mo rent with a $1,958/mo payment to leave $391/mo cash flow. Total monthly income runs $3,427/mo, and annual cash flow reaches $4,688/yr on $132,597 cash to close. Return on cash invested measures 23.44% in year one, and rental yield registers 10.28% at a $399,990 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,510 by year five. Five-year ROI tracks 123.65% and total cumulative return in cash totals $163,957. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,427/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
3,432 sqft lot
$N/A/sqft
$2,300 annually HOA
Neighborhood data shown for ZIP Code: 77080, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 7,781 (39.6%) |
| Renter Occupied HU | 10,027 (51.0%) |
| Vacant Housing Units | 1,864 ( 9.5%) |
| Median Home Value | $364,381 |
| Average Home Value | $391,262 |
Residential
18,132
Single Family
9,756
Multi-Family
8,376
Businesses
1,051
Date | Event | Price |
|---|---|---|
| 2025-06-25 | Price change | $399,990 |
| 2025-06-16 | Price change | $410,000 |
| 2025-05-30 | Listed for sale | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $5019.98 | 6.98% | $445,081 | N/A |
| 2023-06-25 | $4692.41 | 9.27% | $445,081 | 10.80% |
| 2022-06-25 | $4294.52 | N/A | $401,688 | 383.96% |



Listed by: Nicole Freer • Corcoran Genesis
Mls Name: HAR
Mls Provider:
Mls ID: #39675286
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