








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 3738 Gamlin Bend Dr, Houston, TX, 77082 uses $72,599 cash to close to unlock $18,537/yr annual cash flow and $1,545/mo monthly cash flow. Total monthly income runs $3,118/mo, and a $1,072/mo payment keeps the spread at $1,545/mo. Purchase price stands at $219,000, and rental yield measures 17.08% with $3,118/mo rent. Return on cash invested shows 45.44% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 241.08% and total cumulative return in cash records $175,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,118/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1982
7,605 sqft lot
$N/A/sqft
$190 annually HOA
Neighborhood data shown for ZIP Code: 77082, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,510 (100%) |
| Owner Occupied HU | 8,364 (32.8%) |
| Renter Occupied HU | 15,382 (60.3%) |
| Vacant Housing Units | 1,764 ( 6.9%) |
| Median Home Value | $280,305 |
| Average Home Value | $429,694 |
Residential
24,073
Single Family
10,344
Multi-Family
13,729
Businesses
1,182
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Price change | $219,000 |
| 2024-07-31 | Listed for sale | $229,000 |
| 2024-07-20 | Pending sale | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | N/A | N/A | $225,208 | 4.81% |
| 2022-08-14 | $60.92 | N/A | $214,877 | 29.75% |
| 2021-08-14 | N/A | N/A | $165,607 | 5.48% |



Listed by: Angelica Davis • RE/MAX 5 Star Realty
Mls Name: HAR
Mls Provider:
Mls ID: #14835074
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.