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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 2409 Bering Dr #18, Houston, TX, 77057 generates $1,750/mo in rent, after a $1,268/mo payment. Total monthly income is $1,750/mo. Return on cash invested sits at 13.3% in year one, and rental yield is 8.11% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 70.52% and total cumulative return in cash sums $60,544. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,750/mo property income rather than buyer’s personal income.
Condo
Built in 1978
2.05 Acres lot
$N/A/sqft
$381 monthly HOA
Neighborhood data shown for ZIP Code: 77057, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,665 (100%) |
| Owner Occupied HU | 7,302 (29.6%) |
| Renter Occupied HU | 14,773 (59.9%) |
| Vacant Housing Units | 2,590 (10.5%) |
| Median Home Value | $433,587 |
| Average Home Value | $626,740 |
Residential
24,132
Single Family
5,548
Multi-Family
18,584
Businesses
2,720
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Price change | $259,000 |
| 2024-10-27 | Price change | $249,000 |
| 2024-10-15 | Price change | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $4164.36 | 3.85% | $199,027 | N/A |
| 2023-02-12 | $4010.00 | -3.02% | $199,027 | 5.98% |
| 2022-02-12 | $4135.04 | N/A | $187,796 | N/A |
Listed by: Terri Horton • REALM Real Estate Professionals - Galleria
Mls Name: HAR
Mls Provider:
Mls ID: #24056663
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.
