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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% |
Rental property for sale in Houston at 3843 Grennoch Ln, Houston, TX, 77025 offers $3,196/mo rent that, after a $3,377/mo payment. Total monthly income is $3,196/mo. Return on cash invested measures 10.33% in year one, and rental yield stands at 5.56% at a $690,000 entry. Equity gained on principal adds $4,452/yr while 5% annual appreciation compounds into $190,634 by year five. Five-year ROI records 52.94% and total cumulative return in cash reaches $120,188. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,196/mo property income versus a $3,377/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77025, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,825 (100%) |
| Owner Occupied HU | 5,713 (34.0%) |
| Renter Occupied HU | 8,672 (51.5%) |
| Vacant Housing Units | 2,440 (14.5%) |
| Median Home Value | $560,714 |
| Average Home Value | $703,232 |
Residential
15,487
Single Family
7,493
Multi-Family
7,994
Businesses
695
Date | Event | Price |
|---|---|---|
| 2024-12-29 | Listed for rent | $2,800 |
| 2023-12-19 | Listing removed | N/A |
| 2023-12-12 | Listed for rent | $2,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $13004.90 | -4.64% | $621,541 | -8.23% |
| 2023-02-12 | $13638.25 | 6.85% | $677,282 | 16.83% |
| 2022-02-12 | $12764.35 | N/A | $579,700 | 1.84% |
Listed by: Jing He • HomeSmart
Mls Name: HAR
Mls Provider:
Mls ID: #51099213
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