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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 2948 Meadowgrass Ln #175, Houston, TX, 77082 offers a 9.75% rental yield on a $260,000 purchase with $2,112/mo rent. Total monthly income registers $2,112/mo, and a $1,273/mo payment leaves $263/mo available for distribution. Annual cash flow reaches $3,152/yr on $86,190 to close, and return on cash invested stands at 23.57% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 123.68% and total cumulative return in cash at $106,601. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,112/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1981
3,902 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77082, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,510 (100%) |
| Owner Occupied HU | 8,364 (32.8%) |
| Renter Occupied HU | 15,382 (60.3%) |
| Vacant Housing Units | 1,764 ( 6.9%) |
| Median Home Value | $280,305 |
| Average Home Value | $429,694 |
Residential
24,073
Single Family
10,344
Multi-Family
13,729
Businesses
1,182
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Nelson Rubio • CENTURY 21 Western Realty, Inc
Mls Name: HAR
Mls ID: #7562961
