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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 6006 Redding Rd, Houston, TX, 77036 generates $1,997/mo in rent, after a $2,031/mo payment. Total monthly income is $1,997/mo. Return on cash invested sits at 11.59% in year one, and rental yield is 5.77% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 59.46% and total cumulative return in cash sums $81,801. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,997/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.29 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-03-22 | Listed for sale | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-22 | $5121.64 | -36.04% | $357,230 | -10.12% |
| 2023-03-22 | $8008.01 | -0.67% | $397,457 | 8.55% |
| 2022-03-22 | $8062.29 | N/A | $366,153 | 13.37% |
Listed by: Tram Nguyen • Greatland Living
Mls Name: HAR
Mls Provider:
Mls ID: #47788696
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