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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 2379 Briarwest Blvd UNIT 15, Houston, TX, 77077 generates $2,909/mo in rent and, after a $954/mo payment, leaves $1,198/mo in cash flow. Total monthly income is $2,909/mo, and annual cash flow is $14,373/yr on $64,643 invested. Return on cash invested sits at 42.14% in year one, and rental yield is 17.9% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 225.47% and total cumulative return in cash sums $145,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,909/mo property income rather than buyer’s personal income.
Townhouse
Built in 1980
2.93 Acres lot
$N/A/sqft
$325 monthly HOA
Neighborhood data shown for ZIP Code: 77077, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,203 (100%) |
| Owner Occupied HU | 10,197 (34.9%) |
| Renter Occupied HU | 16,666 (57.1%) |
| Vacant Housing Units | 2,340 ( 8.0%) |
| Median Home Value | $386,362 |
| Average Home Value | $454,304 |
Residential
30,466
Single Family
10,107
Multi-Family
20,359
Businesses
1,724
Date | Event | Price |
|---|---|---|
| 2024-08-15 | Listing removed | N/A |
| 2024-07-30 | Listed for rent | $1,600 |
| 2024-06-22 | Price change | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | N/A | N/A | $193,635 | 14.97% |
| 2022-08-16 | $661.54 | N/A | $168,424 | 25.33% |
| 2021-08-16 | N/A | N/A | $134,388 | 3.85% |
Listed by: Tsema Eyeoyibo • LSB Partners, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #74259643
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.
