








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 4638 Hickory Downs Dr, Houston, TX, 77084 priced at $300,000 converts $4,067/mo rent into $1,894/mo cash flow after a $1,468/mo obligation. Total monthly income equals $4,067/mo, and annual cash flow totals $22,733/yr on $99,450 invested. Return on cash invested prints 42.77% in year one, and rental yield reads 16.27% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 226.82% and total cumulative return in cash sums $225,576. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,067/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1977
7,257 sqft lot
$N/A/sqft
$475 annually HOA
Neighborhood data shown for ZIP Code: 77084, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,024 (100%) |
| Owner Occupied HU | 22,771 (51.7%) |
| Renter Occupied HU | 18,145 (41.2%) |
| Vacant Housing Units | 3,108 ( 7.1%) |
| Median Home Value | $272,729 |
| Average Home Value | $304,445 |
Residential
40,315
Single Family
27,843
Multi-Family
12,472
Businesses
2,662
Date | Event | Price |
|---|---|---|
| 2024-08-27 | Listed for sale | $300,000 |
| 2018-10-19 | Sold | N/A |
| 2018-09-18 | Pending sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $3116.37 | -17.81% | $355,800 | 16.74% |
| 2022-08-31 | $3791.61 | N/A | $304,775 | 30.62% |
| 2021-08-31 | N/A | N/A | $233,334 | 16.55% |



Listed by: Joy Green • Smart City Realty
Mls Name: HAR
Mls Provider:
Mls ID: #16565676
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