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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% |
Investment property for sale in Houston at 2434 Balmorhea Ave, Houston, TX, 77039 offers a 6.98% rental yield on a $299,000 purchase with $1,739/mo rent. 23% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 78.98% and total cumulative return in cash at $78,286. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,739/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1972
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77039, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,145 (100%) |
| Owner Occupied HU | 4,726 (51.7%) |
| Renter Occupied HU | 3,785 (41.4%) |
| Vacant Housing Units | 634 ( 6.9%) |
| Median Home Value | $163,445 |
| Average Home Value | $208,753 |
Residential
8,198
Single Family
6,462
Multi-Family
1,736
Businesses
891
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: Delia Barajas • eXp Realty LLC
Mls Name: HAR
Mls ID: #85094183
