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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 Hempstead at 36847 Richard Frey 2 6 Rd #6, Hempstead, TX, 77445 offers a 8.94% rental yield on a $149,000 purchase with $1,110/mo rent. Total monthly income registers $1,110/mo, and a $729/mo payment leaves $51/mo available for distribution. Annual cash flow reaches $609/yr on $49,394 to close, and return on cash invested stands at 21.14% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 110.69% and total cumulative return in cash at $54,676. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,110/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77445, Hempstead, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,611 (100%) |
| Owner Occupied HU | 3,847 (58.2%) |
| Renter Occupied HU | 1,887 (28.5%) |
| Vacant Housing Units | 877 (13.3%) |
| Median Home Value | $270,294 |
| Average Home Value | $379,184 |
Residential
6,096
Single Family
5,706
Multi-Family
390
Businesses
448
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: Mitchell Haynes • BuyBroker
Mls Name: HAR
Mls ID: #28934790
