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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 6000 Reims Rd APT 2901, Houston, TX, 77036 generates $1,593/mo in rent, after a $978/mo payment. Total monthly income is $1,593/mo. Return on cash invested sits at 14.15% in year one, and rental yield is 9.56% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 76.36% and total cumulative return in cash sums $50,605. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,593/mo property income rather than buyer’s personal income.
Condo
Built in 1984
11.90 Acres 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 |
|---|---|---|
| 2025-03-14 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $0.03 | N/A | $165,328 | 1.95% |
| 2023-03-14 | N/A | N/A | $162,170 | 8.14% |
| 2022-03-14 | $65.70 | N/A | $149,961 | 13.99% |
Listed by: Brenda Hernandez • Framework Properties
Mls Name: HAR
Mls Provider:
Mls ID: #33116610
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