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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 Brookshire at 3036 Chestnut Ln, Brookshire, TX, 77423 priced at $299,990 converts $2,646/mo rent into $455/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,646/mo, and annual cash flow totals $5,456/yr on $99,447 invested. Return on cash invested prints 25.4% in year one, and rental yield reads 10.58% against a $299,990 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,882 by year five. Five-year ROI reaches 133.73% and total cumulative return in cash sums $132,993. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,646/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,000 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood data shown for ZIP Code: 77423, Brookshire, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,135 (100%) |
| Owner Occupied HU | 6,045 (74.3%) |
| Renter Occupied HU | 1,366 (16.8%) |
| Vacant Housing Units | 724 ( 8.9%) |
| Median Home Value | $397,950 |
| Average Home Value | $414,663 |
Residential
7,089
Single Family
6,816
Multi-Family
273
Businesses
480
Date | Event | Price |
|---|---|---|
| 2024-12-18 | Price change | $294,990 |
| 2024-11-19 | Price change | $299,990 |
| 2024-11-05 | Price change | $304,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $555.87 | N/A | $32,570 | N/A |
Listed by: Bradley Tiffan • Legend Home Corporation
Mls Name: HAR
Mls Provider:
Mls ID: #14217068
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