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 5219 Newkirk Ln, Houston, TX, 77021 listed at $224,999 pairs $2,274/mo rent with a $1,101/mo payment to leave $674/mo cash flow. Total monthly income runs $2,274/mo, and annual cash flow reaches $8,091/yr on $74,587 cash to close. Return on cash invested measures 30.76% in year one, and rental yield registers 12.13% at a $224,999 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 162.26% and total cumulative return in cash totals $121,029. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,274/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
7,135 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77021, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,626 (100%) |
| Owner Occupied HU | 4,712 (34.6%) |
| Renter Occupied HU | 7,334 (53.8%) |
| Vacant Housing Units | 1,580 (11.6%) |
| Median Home Value | $230,164 |
| Average Home Value | $307,104 |
Residential
12,025
Single Family
7,670
Multi-Family
4,355
Businesses
875
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Price change | $224,999 |
| 2024-09-25 | Listed for sale | $231,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | N/A | N/A | $174,574 | 26.98% |
| 2022-10-15 | $2.17 | N/A | $137,477 | 10.70% |
| 2021-10-15 | N/A | N/A | $124,191 | 5.19% |
Listed by: Candace Ford-Holmes • Ford Realty Group & Property Management
Mls Name: HAR
Mls Provider:
Mls ID: #54550216
Disclaimer: Copyright 2024, 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.
