








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 Sugar Land at 2611 Grants Lake Blvd APT 161, Sugar Land, TX, 77479 generates $1,883/mo in rent, after a $1,175/mo payment. Total monthly income is $1,883/mo. Return on cash invested sits at 15.21% in year one, and rental yield is 9.41% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 81.56% and total cumulative return in cash sums $64,886. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,883/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
1,002 sqft lot
$N/A/sqft
$463 monthly HOA
Neighborhood data shown for ZIP Code: 77479, Sugar Land, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,079 (100%) |
| Owner Occupied HU | 25,537 (79.6%) |
| Renter Occupied HU | 5,322 (16.6%) |
| Vacant Housing Units | 1,220 ( 3.8%) |
| Median Home Value | $496,309 |
| Average Home Value | $552,380 |
Residential
31,678
Single Family
28,532
Multi-Family
3,146
Businesses
1,373
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Listed for sale | $240,000 |
| 2025-04-11 | Listing removed | $1,900 |
| 2025-04-09 | Listed for rent | $1,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-12 | $4282.77 | -4.64% | $227,793 | -3.48% |
| 2023-04-12 | $4491.31 | 27.85% | $236,000 | 29.81% |
| 2022-04-12 | $3512.92 | 2.84% | $181,800 | 6.94% |



Listed by: Luis Navarro • HomeSmart
Mls Name: HAR
Mls Provider:
Mls ID: #93184635
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