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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 661 Bering Dr UNIT 301, Houston, TX, 77057 generates $1,950/mo in rent, after a $1,126/mo payment. Total monthly income is $1,950/mo. Return on cash invested sits at 6.2% in year one, and rental yield is 10.17% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 37.37% and total cumulative return in cash sums $28,495. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,950/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$1,185 monthly 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $230,000 |
| 2024-10-29 | Listing removed | $149,000 |
| 2024-10-17 | Pending sale | $149,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $3199.30 | 21.91% | $152,903 | 17.39% |
| 2023-04-17 | $2624.31 | -30.00% | $130,251 | -23.50% |
| 2022-04-17 | $3748.84 | N/A | $170,256 | 19.06% |
Listed by: Tiffani Reynolds • Keller Williams Signature
Mls Name: HAR
Mls Provider:
Mls ID: #45367415
Disclaimer: Copyright 2025, 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.
