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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% |
Rental property for sale in Houston at 300 Saint Joseph Pkwy APT 224, Houston, TX, 77002 generates $4,328/mo in rent and, after a $1,566/mo payment, leaves $1,057/mo in cash flow. Total monthly income is $4,328/mo, and annual cash flow is $12,687/yr on $106,047 invested. Return on cash invested sits at 31.87% in year one, and rental yield is 16.24% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 172.31% and total cumulative return in cash sums $182,732. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,328/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$861 monthly HOA
Neighborhood data shown for ZIP Code: 77002, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,022 (100%) |
| Owner Occupied HU | 1,032 ( 9.4%) |
| Renter Occupied HU | 7,847 (71.2%) |
| Vacant Housing Units | 2,143 (19.4%) |
| Median Home Value | $397,152 |
| Average Home Value | $492,078 |
Residential
8,644
Single Family
828
Multi-Family
7,816
Businesses
3,165
Date | Event | Price |
|---|---|---|
| 2024-07-28 | Listed for sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $6926.90 | -8.50% | $343,799 | N/A |
| 2022-08-31 | $7570.08 | N/A | $343,799 | 2.61% |
| 2021-08-31 | N/A | N/A | $335,045 | N/A |
Listed by: Ray Walker • RealtyWalk
Mls Name: HAR
Mls Provider:
Mls ID: #90658796
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