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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 235 Forest Park Dr, West Columbia, TX, 77486 offers $2,470/mo rent that, after a $1,571/mo payment, leaves $138/mo cash flow. Total monthly income is $2,470/mo, and annual cash flow is $1,652/yr on $106,378 cash. Return on cash invested measures 21.46% in year one, and rental yield stands at 9.24% at a $320,900 entry. Equity gained on principal adds $2,071/yr while 5% annual appreciation compounds into $88,659 by year five. Five-year ROI records 112.59% and total cumulative return in cash reaches $119,770. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,470/mo property income versus a $1,571/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
8,999 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 |
|---|---|---|
| 2024-11-18 | Price change | $320,900 |
| 2024-09-25 | Listed for sale | $323,900 |
| 2022-04-03 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $327,250 | 5.81% |
| 2023-12-27 | $4054.17 | 70.25% | $309,270 | 120.25% |
| 2022-12-27 | $2381.35 | 572.36% | $140,420 | 766.79% |
Listed by: Kelsey Martinez • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #80002853
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.
