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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 3505 Sage Rd UNIT 2309, Houston, TX, 77056 earns from $2,802/mo rent with a $1,591/mo payment. Total monthly income totals $2,802/mo. ROI tracks 14.62% on current figures, and rental yield reads 10.35% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 79.63% and total cumulative return in cash sums $85,789. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,802/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$840 monthly HOA
Neighborhood data shown for ZIP Code: 77056, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,264 (100%) |
| Owner Occupied HU | 4,757 (29.2%) |
| Renter Occupied HU | 9,065 (55.7%) |
| Vacant Housing Units | 2,442 (15.0%) |
| Median Home Value | $765,546 |
| Average Home Value | $1,010,304 |
Residential
15,717
Single Family
3,539
Multi-Family
12,178
Businesses
2,208
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Price change | $325,000 |
| 2024-09-21 | Pending sale | $349,000 |
| 2024-08-20 | Listed for sale | $349,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $342,239 | N/A |
| 2023-12-27 | $6895.47 | -9.01% | $342,239 | -0.56% |
| 2022-12-27 | $7578.02 | N/A | $344,160 | N/A |
Listed by: Gonzalo Vargas • Corcoran Prestige Realty
Mls Name: HAR
Mls Provider:
Mls ID: #13532568
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
