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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 3536 Ocee St, Houston, TX, 77063 at $140,000 posts ROI 48.6% with $1,110/mo cash flow from $2,687/mo rent. Total monthly income equals $2,687/mo, and annual cash flow records $13,316/yr on $46,410 to close. Return on cash invested measures 48.6% and rental yield reads 23.03% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 263.37% and total cumulative return in cash totals $122,230.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,687/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1978
9.47 Acres lot
$N/A/sqft
$582 monthly HOA
Neighborhood data shown for ZIP Code: 77063, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,779 (100%) |
| Owner Occupied HU | 4,830 (23.2%) |
| Renter Occupied HU | 13,700 (65.9%) |
| Vacant Housing Units | 2,249 (10.8%) |
| Median Home Value | $390,426 |
| Average Home Value | $482,774 |
Residential
19,428
Single Family
3,609
Multi-Family
15,819
Businesses
2,003
Date | Event | Price |
|---|---|---|
| 2024-08-07 | Price change | $140,000 |
| 2024-06-03 | Listed for sale | $134,000 |
| 2024-05-31 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $1088.41 | -26.70% | $134,178 | 24.75% |
| 2022-08-16 | $1484.84 | N/A | $107,554 | 16.11% |
| 2021-08-16 | N/A | N/A | $92,634 | N/A |
Listed by: Limei Zhang • Keller Williams Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #47246412
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.
