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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 2515 Bering Dr UNIT 1, Houston, TX, 77057 generates $1,394/mo in rent, after a $1,003/mo payment. Total monthly income is $1,394/mo. Return on cash invested sits at 10.06% in year one, and rental yield is 8.16% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 54.47% and total cumulative return in cash sums $37,014. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,394/mo property income rather than buyer’s personal income.
Condo
Built in 1978
3.96 Acres lot
$N/A/sqft
$393 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 |
|---|---|---|
| 2025-01-16 | Price change | $205,000 |
| 2024-03-29 | Price change | $215,000 |
| 2024-02-22 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $4617.61 | 9.21% | $220,689 | 5.17% |
| 2023-02-12 | $4228.08 | -3.47% | $209,849 | 5.49% |
| 2022-02-12 | $4380.28 | N/A | $198,933 | 9.46% |
Listed by: David Outlaw • Real Broker, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #68242935
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.
