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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 651 Bering Dr UNIT 1705, Houston, TX, 77057 generates $2,118/mo in rent, after a $1,708/mo payment. Total monthly income is $2,118/mo. Return on cash invested sits at 16.14% in year one, and rental yield is 7.28% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 83.84% and total cumulative return in cash sums $96,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,118/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77057, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,665 (100%) |
| Owner Occupied HU | 7,302 (29.6%) |
| Renter Occupied HU | 14,773 (59.9%) |
| Vacant Housing Units | 2,590 (10.5%) |
| Median Home Value | $433,587 |
| Average Home Value | $626,740 |
Residential
24,132
Single Family
5,548
Multi-Family
18,584
Businesses
2,720
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Annie Raburn • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls ID: #24168508
