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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 Sugar Land at 2711 Grants Lake Blvd APT 21, Sugar Land, TX, 77479 earns from $2,168/mo rent with a $1,175/mo payment. Total monthly income totals $2,168/mo. ROI tracks 19.31% on current figures, and rental yield reads 10.84% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 103.55% and total cumulative return in cash sums $82,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,168/mo property income instead of your personal income.
Condo
Built in 1984
1,368 sqft lot
$N/A/sqft
$410 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 |
|---|---|---|
| 2025-01-02 | Listed for sale | $240,000 |
| 2024-12-25 | Listing removed | $240,000 |
| 2024-12-01 | Listed for rent | $1,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $271,920 | 1.97% |
| 2023-02-13 | $5075.15 | 16.82% | $266,678 | 18.61% |
| 2022-02-13 | $4344.57 | -4.56% | $224,840 | -0.75% |
Listed by: Mimi Kwan • Mimi Kwan, REALTORS
Mls Name: HAR
Mls Provider:
Mls ID: #33120395
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.
