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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 2938 Intrepid Elm St, Houston, TX, 77084 listed at $455,000 pairs $3,756/mo rent with a $2,227/mo payment to leave $463/mo cash flow. Total monthly income runs $3,756/mo, and annual cash flow reaches $5,554/yr on $150,833 cash to close. Return on cash invested measures 23.59% in year one, and rental yield registers 9.91% at a $455,000 basis. Equity gained on principal adds $2,936/yr, and annual property appreciation at 5% supports $125,708 by year five. Five-year ROI tracks 123.95% and total cumulative return in cash totals $186,964. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,756/mo property income relative to a $2,227/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
5,776 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 77084, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,024 (100%) |
| Owner Occupied HU | 22,771 (51.7%) |
| Renter Occupied HU | 18,145 (41.2%) |
| Vacant Housing Units | 3,108 ( 7.1%) |
| Median Home Value | $272,729 |
| Average Home Value | $304,445 |
Residential
40,315
Single Family
27,843
Multi-Family
12,472
Businesses
2,662
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $455,000 |
| 2019-04-26 | Sold | N/A |
| 2019-04-24 | Listing removed | $2,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $7745.44 | 0.13% | $424,442 | -3.73% |
| 2023-05-29 | $7735.16 | 7.49% | $440,878 | 17.65% |
| 2022-05-29 | $7195.86 | N/A | $374,730 | 23.67% |
Listed by: Juan Mackrizz • TEXAS FIRST PROPERTY LLC
Mls Name: HAR
Mls Provider:
Mls ID: #81366183
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.
