Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 5114 Olympia Fields Ln, Houston, TX, 77069 offers a 8.99% rental yield on a $350,000 purchase with $2,621/mo rent. Total monthly income registers $2,621/mo, and a $1,713/mo payment leaves $119/mo available for distribution. Annual cash flow reaches $1,428/yr on $116,025 to close, and return on cash invested stands at 21.14% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 110.7% and total cumulative return in cash at $128,438. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,621/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
7,200 sqft lot
$N/A/sqft
$158 annually HOA
Neighborhood data shown for ZIP Code: 77069, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,774 (100%) |
| Owner Occupied HU | 5,137 (58.5%) |
| Renter Occupied HU | 3,036 (34.6%) |
| Vacant Housing Units | 601 ( 6.8%) |
| Median Home Value | $353,271 |
| Average Home Value | $373,289 |
Residential
9,319
Single Family
5,055
Multi-Family
4,264
Businesses
1,018
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $350,000 |
| 2015-04-03 | Listing removed | $237,000 |
| 2015-03-28 | Listed for sale | $237,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $1291.83 | -0.49% | $219,315 | -0.76% |
| 2023-04-04 | $1298.24 | -42.61% | $220,986 | N/A |
| 2022-04-04 | $2262.30 | N/A | $220,986 | N/A |
Listed by: Jeni Mitchell • Nan And Company Properties
Mls Name: HAR
Mls Provider:
Mls ID: #79494356
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.
