Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 6615 La Granada Dr, Houston, TX, 77083 generates $3,293/mo in rent and, after a $1,268/mo payment, leaves $1,430/mo in cash flow. Total monthly income is $3,293/mo, and annual cash flow is $17,161/yr on $85,859 invested. Return on cash invested sits at 39.9% in year one, and rental yield is 15.26% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 211.4% and total cumulative return in cash sums $181,504. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,293/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
8,049 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood data shown for ZIP Code: 77083, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,942 (100%) |
| Owner Occupied HU | 14,881 (64.9%) |
| Renter Occupied HU | 7,425 (32.4%) |
| Vacant Housing Units | 636 ( 2.8%) |
| Median Home Value | $257,596 |
| Average Home Value | $292,331 |
Residential
22,671
Single Family
18,760
Multi-Family
3,911
Businesses
1,018
Date | Event | Price |
|---|---|---|
| 2024-08-10 | Listed for sale | $259,000 |
| 2009-08-10 | Sold | N/A |
| 2009-07-10 | Listed for sale | $115,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | N/A | N/A | $243,493 | 9.98% |
| 2022-08-14 | $81.48 | N/A | $221,397 | 28.33% |
| 2021-08-14 | N/A | N/A | $172,516 | 6.13% |
Listed by: Ryan St George • Nextgen Real Estate Properties
Mls Name: HAR
Mls Provider:
Mls ID: #20113234
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.
