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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 206 Plaza Verde Dr APT D35, Houston, TX, 77038 priced at $100,000 pairs $752/mo rent with after a $489/mo payment. Total monthly income equals $752/mo. Return on cash invested is 12.17% in year one, and rental yield stands at 9.02% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 66.04% and total cumulative return in cash reaches $21,892. For financing, Ziffy Mortgage’s DSCR program evaluates $752/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1980
7.96 Acres lot
$N/A/sqft
$255 monthly HOA
Neighborhood data shown for ZIP Code: 77038, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,829 (100%) |
| Owner Occupied HU | 5,002 (50.9%) |
| Renter Occupied HU | 4,388 (44.6%) |
| Vacant Housing Units | 439 ( 4.5%) |
| Median Home Value | $226,634 |
| Average Home Value | $311,773 |
Residential
9,283
Single Family
6,957
Multi-Family
2,326
Businesses
519
Date | Event | Price |
|---|---|---|
| 2024-11-14 | Listed for sale | $100,000 |
| 2024-10-30 | Pending sale | $100,000 |
| 2024-09-24 | Price change | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $68,349 | N/A |
| 2023-12-27 | $906.25 | 13.22% | N/A | N/A |
| 2022-12-27 | $800.42 | N/A | $68,010 | 22.58% |
Listed by: David Batagower • Compass RE Texas, LLC - The Heights
Mls Name: HAR
Mls Provider:
Mls ID: #89955703
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.
