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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% |
Investment property for sale in Houston at 2227 Drayton Ln, Houston, TX, 77088 listed at $179,999 pairs $2,096/mo rent with a $881/mo payment to leave $816/mo cash flow. Total monthly income runs $2,096/mo, and annual cash flow reaches $9,792/yr on $59,670 cash to close. Return on cash invested measures 36.32% in year one, and rental yield registers 13.97% at a $179,999 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,730 by year five. Five-year ROI tracks 192.02% and total cumulative return in cash totals $114,580. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,096/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77088, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,348 (100%) |
| Owner Occupied HU | 11,008 (56.9%) |
| Renter Occupied HU | 7,238 (37.4%) |
| Vacant Housing Units | 1,102 ( 5.7%) |
| Median Home Value | $222,266 |
| Average Home Value | $280,068 |
Residential
18,099
Single Family
14,602
Multi-Family
3,497
Businesses
571
Date | Event | Price |
|---|---|---|
| 2024-10-15 | Listed for sale | $179,999 |
| 2024-10-08 | Pending sale | $179,999 |
| 2024-09-11 | Price change | $179,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $1707.66 | 487.35% | $206,857 | 20.33% |
| 2022-10-21 | $290.74 | N/A | $171,908 | 24.36% |
| 2021-10-21 | N/A | N/A | $138,235 | -0.67% |
Listed by: Steven Koleno • Beycome Brokerage Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #92109047
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