307 Vanderpool LnHoustonTX77024
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Houston at 307 Vanderpool Ln, Houston, TX, 77024 with 5% annual appreciation on a $1,599,000 basis while $7,637/mo rent supports operations. 61% in year one. Equity gained on principal adds $10,318/yr, and five-year appreciation sums $441,774 alongside rental yield of 5.73%. Five-year ROI measures 59.5% and total cumulative return in cash totals $308,257. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,637/mo property income versus a $7,826/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
9,600 sqft lot
$N/A/sqft
$600 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 77024, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,636 (100%) |
| Owner Occupied HU | 10,193 (54.7%) |
| Renter Occupied HU | 6,387 (34.3%) |
| Vacant Housing Units | 2,056 (11.0%) |
| Median Home Value | $1,152,422 |
| Average Home Value | $1,270,262 |
Housing Distribution
Address Breakdown
Residential
18,464
Single Family
8,893
Multi-Family
9,571
Businesses
2,413
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-16 | Listed for sale | $1,599,000 |
| 2024-05-28 | Listing removed | N/A |
| 2024-04-27 | Pending sale | $879,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $7749.76 | 3.04% | $735,077 | 4.49% |
| 2022-08-31 | $7521.35 | N/A | $703,509 | 1.22% |
| 2021-08-31 | N/A | N/A | $694,997 | 1.86% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1967
- Architectural Style: Traditional
- Building Area: 2,882
- Living Area: 2,882 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas
- Cooling: Electric, Attic Fan, Ceiling Fan(s)
- Flooring: Tile, Wood
- Interior Features: High Ceilings, All Bedrooms Down
- Exterior Features: Artificial Turf
- Parking Features: Additional Parking, Auto Driveway Gate, Garage Door Opener, Driveway Gate, Detached, Automatic Gate
Location
HOA & Fees
- HOA Fee: $600 annually
- Association Fee: $600 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Concrete
School Information
- Elementary School: Frostwood Elementary School
- Middle School: Memorial Middle School (Spring Branch)
- High School: Memorial High School (Spring Branch)
Listed by: Katie Wells • Del Monte Realty
Mls Name: HAR
Mls Provider:
Mls ID: #6767605
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