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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 324 Erin St, Houston, TX, 77009 generates $2,652/mo in rent and, after a $1,542/mo payment, leaves $412/mo in cash flow. Total monthly income is $2,652/mo, and annual cash flow is $4,941/yr on $104,423 invested. Return on cash invested sits at 24.64% in year one, and rental yield is 10.1% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 129.43% and total cumulative return in cash sums $135,149. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,652/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77009, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,523 (100%) |
| Owner Occupied HU | 8,741 (47.2%) |
| Renter Occupied HU | 7,637 (41.2%) |
| Vacant Housing Units | 2,145 (11.6%) |
| Median Home Value | $456,534 |
| Average Home Value | $535,539 |
Residential
17,392
Single Family
13,992
Multi-Family
3,400
Businesses
1,035
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Angel Lopez • Encore Fine Properties
Mls Name: HAR
Mls ID: #49169285
