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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 6000 Reims Rd APT 2804, Houston, TX, 77036 uses $59,339 cash to close to unlock $13,171/yr annual cash flow and $1,098/mo monthly cash flow. Total monthly income runs $2,885/mo, and a $876/mo payment keeps the spread at $1,098/mo. Purchase price stands at $179,000, and rental yield measures 19.34% with $2,885/mo rent. Return on cash invested shows 42.11% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 226.89% and total cumulative return in cash records $134,631. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,885/mo property income covering a $876/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$490 monthly HOA
Neighborhood data shown for ZIP Code: 77036, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,980 (100%) |
| Owner Occupied HU | 5,246 (16.4%) |
| Renter Occupied HU | 24,101 (75.4%) |
| Vacant Housing Units | 2,633 ( 8.2%) |
| Median Home Value | $255,723 |
| Average Home Value | $275,133 |
Residential
29,653
Single Family
5,779
Multi-Family
23,874
Businesses
5,229
Date | Event | Price |
|---|---|---|
| 2024-06-25 | Listing removed | N/A |
| 2024-05-31 | Pending sale | $179,900 |
| 2024-05-20 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $3267.41 | -1.05% | $162,170 | 8.14% |
| 2022-08-16 | $3301.98 | N/A | $149,961 | 13.99% |
| 2021-08-16 | N/A | N/A | $131,561 | 8.01% |
Listed by: Jenny Wang • JWang Properties
Mls Name: My State MLS
Mls ID: #11261959
