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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 322 W Fair Harbor Ln, Houston, TX, 77079 offers a 7.85% rental yield on a $599,900 purchase with $3,924/mo rent. 28% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 90.18% and total cumulative return in cash at $177,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,924/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
6,795 sqft lot
$N/A/sqft
$1,384 annually HOA
Neighborhood data shown for ZIP Code: 77079, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,372 (100%) |
| Owner Occupied HU | 7,919 (48.4%) |
| Renter Occupied HU | 6,617 (40.4%) |
| Vacant Housing Units | 1,836 (11.2%) |
| Median Home Value | $619,062 |
| Average Home Value | $664,611 |
Residential
15,936
Single Family
7,826
Multi-Family
8,110
Businesses
1,827
Date | Event | Price |
|---|---|---|
| 2025-01-30 | Listed for sale | $599,900 |
| 2024-08-23 | Listing removed | N/A |
| 2024-08-13 | Pending sale | $449,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $9246.72 | 11.74% | $411,884 | -1.72% |
| 2023-02-12 | $8275.51 | 4.31% | $419,076 | 5.08% |
| 2022-02-12 | $7933.64 | N/A | $398,799 | 31.23% |
Listed by: Fredo Hernandez • Texas Signature Realty
Mls Name: HAR
Mls Provider:
Mls ID: #19248201
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