Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2308 Shalmar Dr, West Columbia, TX, 77486 priced at $415,000 converts $3,380/mo rent into $379/mo cash flow after a $2,031/mo obligation. Total monthly income equals $3,380/mo, and annual cash flow totals $4,549/yr on $137,573 invested. Return on cash invested prints 23.22% in year one, and rental yield reads 9.77% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 121.97% and total cumulative return in cash sums $167,793. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,380/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 2021
9,626 sqft lot
$N/A/sqft
$150 quarterly 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 |
|---|---|---|
| 2024-12-09 | Price change | $415,000 |
| 2024-10-19 | Listed for sale | $419,900 |
| 2024-10-11 | Listing removed | $423,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5531.31 | 10.86% | $404,407 | 10.00% |
| 2023-02-13 | $4989.41 | -7.51% | $367,643 | 18.74% |
| 2022-02-13 | $5394.38 | 1608.70% | $309,630 | 2044.25% |
What's Special
Radiant Attic Barrier
Listed by: Beth Crutcher • Mega Realty
Mls Name: HAR
Mls Provider:
Mls ID: #72153248
Disclaimer: Copyright 2025, 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.
