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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 6713 Parker Grove Ln, Houston, TX, 77076 priced at $275,000 converts $2,720/mo rent into $538/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,720/mo, and annual cash flow totals $6,455/yr on $91,163 invested. Return on cash invested prints 26.99% in year one, and rental yield reads 11.87% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 143.1% and total cumulative return in cash sums $130,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,720/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 2022
1,694 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood data shown for ZIP Code: 77076, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,368 (100%) |
| Owner Occupied HU | 4,757 (45.9%) |
| Renter Occupied HU | 4,688 (45.2%) |
| Vacant Housing Units | 923 ( 8.9%) |
| Median Home Value | $176,556 |
| Average Home Value | $227,130 |
Residential
9,945
Single Family
7,220
Multi-Family
2,725
Businesses
1,001
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $275,000 |
| 2025-04-04 | Listing removed | $2,980 |
| 2025-02-05 | Listed for rent | $2,980 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-26 | $5784.29 | 2.99% | $276,447 | -0.83% |
| 2023-04-26 | $5616.23 | 1305.22% | $278,747 | 928.43% |
| 2022-04-26 | $399.67 | N/A | $27,104 | 6.67% |
Listed by: Mark Dimas • Realty Of America, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #44230038
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