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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 Pearland at 6506 River Glen Ct, Pearland, TX, 77584 priced at $375,000 pairs $2,978/mo rent with $278/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,978/mo, and annual cash flow comes to $3,331/yr on $124,313 invested. Return on cash invested is 22.59% in year one, and rental yield stands at 9.53% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 118.54% and total cumulative return in cash reaches $147,363. For financing, Ziffy Mortgage’s DSCR program evaluates $2,978/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
7,679 sqft lot
$N/A/sqft
$410 annually HOA
Neighborhood data shown for ZIP Code: 77584, Pearland, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,361 (100%) |
| Owner Occupied HU | 24,157 (68.3%) |
| Renter Occupied HU | 9,578 (27.1%) |
| Vacant Housing Units | 1,626 ( 4.6%) |
| Median Home Value | $367,856 |
| Average Home Value | $387,516 |
Residential
33,731
Single Family
27,172
Multi-Family
6,559
Businesses
2,061
Date | Event | Price |
|---|---|---|
| 2024-10-17 | Price change | $375,000 |
| 2024-09-27 | Price change | $385,000 |
| 2024-09-26 | Listed for sale | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $401,680 | 21.03% |
| 2023-10-22 | $5894.92 | -7.88% | $331,879 | 10.00% |
| 2022-10-22 | $6399.07 | 1.02% | $301,708 | 10.00% |
Listed by: Michele Pritchard • Keller Williams Preferred
Mls Name: HAR
Mls Provider:
Mls ID: #50732913
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
