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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 West Columbia at 2234 Shalmar Dr, West Columbia, TX, 77486 priced at $299,900 converts $2,688/mo rent into $555/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,688/mo, and annual cash flow totals $6,663/yr on $99,417 invested. Return on cash invested prints 26.61% in year one, and rental yield reads 10.76% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 140.02% and total cumulative return in cash sums $139,204. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,688/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77486, West Columbia, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,788 (100%) |
| Owner Occupied HU | 2,692 (71.1%) |
| Renter Occupied HU | 659 (17.4%) |
| Vacant Housing Units | 437 (11.5%) |
| Median Home Value | $302,842 |
| Average Home Value | $340,786 |
Residential
3,361
Single Family
1,921
Multi-Family
1,440
Businesses
265
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Luis Lanuza • RE/MAX Professionals
Mls Name: HAR
Mls ID: #87174442
