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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 338 Litchfield Ln, Houston, TX, 77024 at $375,000 posts ROI 16.83% with from $2,982/mo rent. Total monthly income equals $2,982/mo. Return on cash invested measures 16.83% and rental yield reads 9.54% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 89.74% and total cumulative return in cash totals $111,555. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,982/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1977
1,225 sqft lot
$N/A/sqft
$635 monthly HOA
Neighborhood data shown for ZIP Code: 77024, Houston, TX area.
| 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 |
Residential
18,464
Single Family
8,893
Multi-Family
9,571
Businesses
2,413
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $375,000 |
| 2021-05-04 | Listing removed | N/A |
| 2021-03-25 | Pending sale | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $3363.33 | 13.17% | $298,199 | 5.79% |
| 2023-04-04 | $2971.87 | 0.24% | $281,886 | 1.65% |
| 2022-04-04 | $2964.67 | N/A | $277,300 | 11.82% |
Listed by: Rebecca Andress • Greenwood King Properties - Voss Office
Mls Name: HAR
Mls Provider:
Mls ID: #19146509
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