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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 5005 Georgi Ln APT 70, Houston, TX, 77092 offers a 20.45% rental yield on a $174,990 purchase with $2,982/mo rent. Total monthly income registers $2,982/mo, and a $856/mo payment leaves $1,269/mo available for distribution. Annual cash flow reaches $15,229/yr on $58,009 to close, and return on cash invested stands at 46.16% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,347 over five years. Portfolio math shows five-year ROI at 248.41% and total cumulative return in cash at $144,100. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,982/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
6.76 Acres lot
$N/A/sqft
$469 monthly HOA
Neighborhood data shown for ZIP Code: 77092, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,490 (100%) |
| Owner Occupied HU | 5,357 (32.5%) |
| Renter Occupied HU | 9,656 (58.6%) |
| Vacant Housing Units | 1,477 ( 9.0%) |
| Median Home Value | $304,801 |
| Average Home Value | $364,906 |
Residential
15,244
Single Family
6,718
Multi-Family
8,526
Businesses
3,263
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Listed for sale | $174,990 |
| 2009-05-27 | Listing removed | $89,900 |
| 2009-04-04 | Price change | $89,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $2696.76 | -4.05% | $133,847 | 4.85% |
| 2022-08-16 | $2810.73 | N/A | $127,651 | 19.89% |
| 2021-08-16 | N/A | N/A | $106,477 | 5.58% |
Listed by: Yvonne Lassere • Penny Salter Properties
Mls Name: HAR
Mls Provider:
Mls ID: #4334106
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