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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% |
Rental property for sale in Houston at 5609 Tommye St #A/B, Houston, TX, 77028 priced at $392,990 converts $1,711/mo rent into after a $1,923/mo obligation. Total monthly income equals $1,711/mo. Return on cash invested prints 9.93% in year one, and rental yield reads 5.22% against a $392,990 entry. Equity gained on principal adds $2,536/yr, while 5% annual appreciation compiles into $108,576 by year five. Five-year ROI reaches 50.54% and total cumulative return in cash sums $65,843. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,711/mo property income covering a $1,923/mo payment, not borrower’s personal income.
Multi Family
Built in 2024
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77028, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 4,060 (56.5%) |
| Renter Occupied HU | 2,469 (34.3%) |
| Vacant Housing Units | 662 ( 9.2%) |
| Median Home Value | $114,594 |
| Average Home Value | $151,161 |
Residential
7,180
Single Family
6,303
Multi-Family
877
Businesses
708
Date | Event | Price |
|---|---|---|
| 2024-03-20 | Listed for sale | $392,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Aaron Jistel • Listing Spark
Mls Name: HAR
Mls Provider:
Mls ID: #79572411
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.
