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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 6659 Wanda Ln, Houston, TX, 77074 offers a 12.9% rental yield on a $156,500 purchase with $1,682/mo rent. Total monthly income registers $1,682/mo, and a $766/mo payment leaves $282/mo available for distribution. Annual cash flow reaches $3,383/yr on $51,880 to close, and return on cash invested stands at 26.43% in year one. Equity gained on principal adds $1,010/yr while 5% annual appreciation supports $43,238 over five years. Portfolio math shows five-year ROI at 141.43% and total cumulative return in cash at $73,375. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,682/mo property income against a $766/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
1,263 sqft lot
$N/A/sqft
$235 monthly HOA
Neighborhood data shown for ZIP Code: 77074, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,800 (100%) |
| Owner Occupied HU | 4,392 (27.8%) |
| Renter Occupied HU | 9,971 (63.1%) |
| Vacant Housing Units | 1,437 ( 9.1%) |
| Median Home Value | $240,326 |
| Average Home Value | $263,668 |
Residential
14,136
Single Family
5,811
Multi-Family
8,325
Businesses
2,034
Date | Event | Price |
|---|---|---|
| 2025-08-11 | Listing removed | $165,000 |
| 2025-07-01 | Pending sale | $165,000 |
| 2025-06-18 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $3224.32 | 5.16% | $154,099 | 1.26% |
| 2023-10-30 | $3066.17 | 4.09% | $152,182 | 13.76% |
| 2022-10-30 | $2945.69 | N/A | $133,780 | 18.21% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
