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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 407 E Fair Harbor Ln, Houston, TX, 77079 with 5% annual appreciation on a $425,000 basis while $2,583/mo rent supports operations. 1% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 7.29%. Five-year ROI measures 73.64% and total cumulative return in cash totals $103,745. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,583/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1978
2,795 sqft lot
$N/A/sqft
$2,919 annually HOA
Neighborhood data shown for ZIP Code: 77079, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,372 (100%) |
| Owner Occupied HU | 7,919 (48.4%) |
| Renter Occupied HU | 6,617 (40.4%) |
| Vacant Housing Units | 1,836 (11.2%) |
| Median Home Value | $619,062 |
| Average Home Value | $664,611 |
Residential
15,936
Single Family
7,826
Multi-Family
8,110
Businesses
1,827
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $425,000 |
| 2019-07-02 | Listing removed | $250,000 |
| 2019-05-01 | Pending sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-04 | $2369.96 | 5.07% | $363,996 | -2.41% |
| 2023-06-04 | $2255.59 | -61.05% | $372,999 | 20.93% |
| 2022-06-04 | $5791.46 | N/A | $308,445 | 16.09% |
Listed by: Tricia Turner • Realty Of America, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #69560296
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