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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 6740 Peerless St #C, Houston, TX, 77021 priced at $399,900 pairs $4,985/mo rent with $2,057/mo cash flow after a $1,957/mo payment. Total monthly income equals $4,985/mo, and annual cash flow comes to $24,679/yr on $132,567 invested. Return on cash invested is 38.52% in year one, and rental yield stands at 14.96% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 204.16% and total cumulative return in cash reaches $270,644. For financing, Ziffy Mortgage’s DSCR program evaluates $4,985/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
1,980 sqft lot
$N/A/sqft
$85 monthly HOA
Neighborhood data shown for ZIP Code: 77021, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,626 (100%) |
| Owner Occupied HU | 4,712 (34.6%) |
| Renter Occupied HU | 7,334 (53.8%) |
| Vacant Housing Units | 1,580 (11.6%) |
| Median Home Value | $230,164 |
| Average Home Value | $307,104 |
Residential
12,025
Single Family
7,670
Multi-Family
4,355
Businesses
875
Date | Event | Price |
|---|---|---|
| 2024-08-10 | Price change | $2,950 |
| 2024-07-05 | Listed for rent | $2,850 |
| 2024-06-27 | Price change | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Patrick Burbridge • CitiQuest Properties
Mls Name: HAR
Mls Provider:
Mls ID: #88998800
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.
