








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 508 W Donovan St #F, Houston, TX, 77091 listed at $349,000 pairs $2,827/mo rent with a $1,708/mo payment to leave $226/mo cash flow. Total monthly income runs $2,827/mo, and annual cash flow reaches $2,715/yr on $115,694 cash to close. Return on cash invested measures 22.26% in year one, and rental yield registers 9.72% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 117.1% and total cumulative return in cash totals $135,480. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,827/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
2,073 sqft lot
$N/A/sqft
$1,430 annually HOA
Neighborhood data shown for ZIP Code: 77091, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,209 (100%) |
| Owner Occupied HU | 5,453 (44.7%) |
| Renter Occupied HU | 5,792 (47.4%) |
| Vacant Housing Units | 964 ( 7.9%) |
| Median Home Value | $257,704 |
| Average Home Value | $282,929 |
Residential
11,992
Single Family
6,445
Multi-Family
5,547
Businesses
958
Date | Event | Price |
|---|---|---|
| 2025-01-25 | Listed for sale | $349,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $4704.98 | 4.59% | $332,381 | -2.53% |
| 2023-02-12 | $4498.36 | -13.34% | $340,995 | 5.92% |
| 2022-02-12 | $5190.75 | N/A | $321,936 | 7.93% |



Listed by: Chloe Harper • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #18007270
Disclaimer: Copyright 2025, 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.