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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 608 Thornton Rd #C, Houston, TX, 77018 uses $115,992 cash to close to unlock $2,129/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $2,851/mo, and a $1,713/mo payment keeps the spread at $177/mo. Purchase price stands at $349,900, and rental yield measures 9.78% with $2,851/mo rent. Return on cash invested shows 21.74% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 114.61% and total cumulative return in cash records $132,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,851/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2022
1,724 sqft lot
$N/A/sqft
$185 monthly HOA
Neighborhood data shown for ZIP Code: 77018, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 8,924 (65.3%) |
| Renter Occupied HU | 3,538 (25.9%) |
| Vacant Housing Units | 1,213 ( 8.9%) |
| Median Home Value | $532,852 |
| Average Home Value | $602,695 |
Residential
13,239
Single Family
10,993
Multi-Family
2,246
Businesses
1,362
Date | Event | Price |
|---|---|---|
| 2024-08-30 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $5758.59 | 412.80% | $330,526 | 308.86% |
| 2022-10-15 | $1122.96 | N/A | $80,840 | N/A |
| 2021-10-15 | N/A | N/A | $80,840 | 138.47% |
What's Special
Radiant Attic Barrier
Listed by: Patrick Burbridge • CitiQuest Properties
Mls Name: HAR
Mls Provider:
Mls ID: #69699185
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