








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 3004 Preston St, Houston, TX, 77003 priced at $529,990 converts $4,074/mo rent into $305/mo cash flow after a $2,594/mo obligation. Total monthly income equals $4,074/mo, and annual cash flow totals $3,662/yr on $174,367 invested. Return on cash invested prints 22.16% in year one, and rental yield reads 9.22% against a $529,990 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation compiles into $146,426 by year five. Five-year ROI reaches 116.12% and total cumulative return in cash sums $202,479. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,074/mo property income covering a $2,594/mo payment, not borrower’s personal income.
Single Family
Built in 2025
2,025 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77003, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,128 (100%) |
| Owner Occupied HU | 2,860 (35.2%) |
| Renter Occupied HU | 3,800 (46.8%) |
| Vacant Housing Units | 1,468 (18.1%) |
| Median Home Value | $374,465 |
| Average Home Value | $405,495 |
Residential
6,521
Single Family
4,577
Multi-Family
1,944
Businesses
763
Date | Event | Price |
|---|---|---|
| 2025-05-08 | Price change | $529,990 |
| 2025-04-02 | Listed for sale | $539,990 |
| 2025-04-02 | Listing removed | $559,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-09 | $1475.11 | -14.91% | $70,500 | N/A |
| 2023-05-09 | $1733.54 | -59.68% | N/A | N/A |
| 2022-05-09 | $4298.98 | N/A | $195,240 | 16.25% |



Listed by: Zain Momin • Atlas Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #67987540
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