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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 1922 Briarturn Dr, Houston, TX, 77077 offers $2,701/mo rent that, after a $1,542/mo payment, leaves $305/mo cash flow. Total monthly income is $2,701/mo, and annual cash flow is $3,663/yr on $104,423 cash. Return on cash invested measures 23.42% in year one, and rental yield stands at 10.29% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 123.54% and total cumulative return in cash reaches $129,005. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,701/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
9,361 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood data shown for ZIP Code: 77077, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,203 (100%) |
| Owner Occupied HU | 10,197 (34.9%) |
| Renter Occupied HU | 16,666 (57.1%) |
| Vacant Housing Units | 2,340 ( 8.0%) |
| Median Home Value | $386,362 |
| Average Home Value | $454,304 |
Residential
30,466
Single Family
10,107
Multi-Family
20,359
Businesses
1,724
Date | Event | Price |
|---|---|---|
| 2024-08-24 | Listed for sale | $315,000 |
| 2008-05-09 | Listing removed | $167,900 |
| 2008-03-15 | Listed for sale | $167,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $6493.84 | 2.49% | $322,305 | 12.00% |
| 2022-10-21 | $6336.25 | N/A | $287,765 | 14.75% |
| 2021-10-21 | N/A | N/A | $250,770 | 4.74% |
Listed by: Amber Gill • RE/MAX Grand
Mls Name: HAR
Mls Provider:
Mls ID: #39139644
Disclaimer: Copyright 2024, 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.
