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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 2936 Needham Garden Ln, Houston, TX, 77051 offers a 9.73% rental yield on a $309,990 purchase with $2,514/mo rent. Total monthly income registers $2,514/mo, and a $1,517/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,368/yr on $102,762 to close, and return on cash invested stands at 22.21% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,645 over five years. Portfolio math shows five-year ROI at 116.91% and total cumulative return in cash at $120,136. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,514/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$1,350 annually HOA
Neighborhood data shown for ZIP Code: 77051, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,323 (100%) |
| Owner Occupied HU | 3,326 (40.0%) |
| Renter Occupied HU | 4,159 (50.0%) |
| Vacant Housing Units | 838 (10.1%) |
| Median Home Value | $230,989 |
| Average Home Value | $227,082 |
Residential
7,424
Single Family
5,426
Multi-Family
1,998
Businesses
492
Date | Event | Price |
|---|---|---|
| 2025-02-04 | Price change | $309,990 |
| 2025-01-28 | Price change | $317,990 |
| 2024-12-27 | Listed for sale | $319,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Norisha Johnson • Nextgen Real Estate Properties
Mls Name: HAR
Mls Provider:
Mls ID: #9289788
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.
