








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 2930 Grants Lake Blvd APT 1903, Sugar Land, TX, 77479 generates $2,095/mo in rent and, after a $1,101/mo payment, leaves $142/mo in cash flow. Total monthly income is $2,095/mo, and annual cash flow is $1,702/yr on $74,588 invested. Return on cash invested sits at 22.19% in year one, and rental yield is 11.17% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 118.34% and total cumulative return in cash sums $88,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,095/mo property income rather than buyer’s personal income.
Townhouse
Built in 1990
736 sqft lot
$N/A/sqft
$350 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 |
|---|---|---|
| 2024-12-04 | Listed for sale | $225,000 |
| 2020-12-05 | Listing removed | $1,275 |
| 2020-11-02 | Price change | $1,275 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $207,775 | 4.74% |
| 2023-02-13 | $3775.32 | 4.79% | $198,377 | 6.40% |
| 2022-02-13 | $3602.77 | 2.44% | $186,450 | 6.53% |



Listed by: Dorene Callaway • JPAR - The Sears Group
Mls Name: HAR
Mls Provider:
Mls ID: #71042291
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