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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 3326 Cobblestone Creek Way, Houston, TX, 77084 priced at $375,000 converts $4,249/mo rent into $1,526/mo cash flow after a $1,835/mo obligation. Total monthly income equals $4,249/mo, and annual cash flow totals $18,308/yr on $124,313 invested. Return on cash invested prints 34.64% in year one, and rental yield reads 13.6% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 183.24% and total cumulative return in cash sums $227,787. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,249/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1993
6,825 sqft lot
$N/A/sqft
$535 annually HOA
Neighborhood data shown for ZIP Code: 77084, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,024 (100%) |
| Owner Occupied HU | 22,771 (51.7%) |
| Renter Occupied HU | 18,145 (41.2%) |
| Vacant Housing Units | 3,108 ( 7.1%) |
| Median Home Value | $272,729 |
| Average Home Value | $304,445 |
Residential
40,315
Single Family
27,843
Multi-Family
12,472
Businesses
2,662
Date | Event | Price |
|---|---|---|
| 2024-08-03 | Price change | $375,000 |
| 2024-07-18 | Listed for sale | $385,000 |
| 2019-11-08 | Listing removed | $245,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $6374.77 | 4.41% | $363,340 | 14.28% |
| 2022-08-14 | $6105.49 | N/A | $317,948 | 33.47% |
| 2021-08-14 | N/A | N/A | $238,214 | 9.23% |
Listed by: Teresa Hiller • Keller Williams Premier Realty
Mls Name: HAR
Mls Provider:
Mls ID: #41097672
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