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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 5647 Sylmar Rd, Houston, TX, 77081 offers a 9.55% rental yield on a $499,999 purchase with $3,980/mo rent. Total monthly income registers $3,980/mo, and a $2,447/mo payment leaves $425/mo available for distribution. Annual cash flow reaches $5,096/yr on $165,750 to close, and return on cash invested stands at 22.98% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 120.53% and total cumulative return in cash at $199,783. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,980/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
9,125 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77081, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,945 (100%) |
| Owner Occupied HU | 1,190 ( 5.7%) |
| Renter Occupied HU | 17,384 (83.0%) |
| Vacant Housing Units | 2,371 (11.3%) |
| Median Home Value | $454,483 |
| Average Home Value | $509,786 |
Residential
19,610
Single Family
2,365
Multi-Family
17,245
Businesses
2,274
Date | Event | Price |
|---|---|---|
| 2024-08-07 | Listed for sale | $499,999 |
| 2024-07-30 | Listing removed | N/A |
| 2024-05-29 | Price change | $506,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $4783.16 | -13.20% | $350,019 | 4.33% |
| 2022-08-16 | $5510.85 | N/A | $335,491 | 3.68% |
| 2021-08-16 | N/A | N/A | $323,588 | 2.18% |
Listed by: Megone Trewick • Xterra Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #35727496
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