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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 Manvel at 2006 Elm Grove Ct, Manvel, TX, 77578 offers $3,684/mo rent that, after a $2,198/mo payment, leaves $376/mo cash flow. Total monthly income is $3,684/mo, and annual cash flow is $4,514/yr on $148,844 cash. Return on cash invested measures 22.94% in year one, and rental yield stands at 9.85% at a $449,000 entry. Equity gained on principal adds $2,897/yr while 5% annual appreciation compounds into $124,050 by year five. Five-year ROI records 120.67% and total cumulative return in cash reaches $179,608. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,684/mo property income versus a $2,198/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
8,624 sqft lot
$N/A/sqft
$1,375 annually HOA
Neighborhood data shown for ZIP Code: 77578, Manvel, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,693 (100%) |
| Owner Occupied HU | 9,657 (82.6%) |
| Renter Occupied HU | 1,463 (12.5%) |
| Vacant Housing Units | 573 ( 4.9%) |
| Median Home Value | $377,590 |
| Average Home Value | $400,715 |
Residential
11,430
Single Family
10,460
Multi-Family
970
Businesses
469
Date | Event | Price |
|---|---|---|
| 2025-08-27 | Price change | $449,000 |
| 2025-08-08 | Price change | $455,000 |
| 2025-08-08 | Price change | $3,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-27 | $2983.11 | 239.50% | $218,510 | 244.99% |
| 2023-08-27 | $878.68 | -14.88% | $63,338 | -2.50% |
| 2022-08-27 | $1032.23 | -4.54% | $64,960 | N/A |
Listed by: Melchor Garcia • Keller Williams Realty Metropolitan
Mls Name: HAR
Mls Provider:
Mls ID: #65182743
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