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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 6742 Peerless St #A, Houston, TX, 77021 offers $4,837/mo rent that, after a $1,859/mo payment, leaves $2,051/mo cash flow. Total monthly income is $4,837/mo, and annual cash flow is $24,611/yr on $125,937 cash. Return on cash invested measures 39.45% in year one, and rental yield stands at 15.28% at a $379,900 entry. Equity gained on principal adds $2,451/yr while 5% annual appreciation compounds into $104,959 by year five. Five-year ROI records 209.14% and total cumulative return in cash reaches $263,381. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,837/mo property income versus a $1,859/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1,805 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 |
|---|---|---|
| 2024-08-15 | Price change | $2,850 |
| 2024-08-09 | Listed for sale | $379,900 |
| 2024-08-09 | Listing removed | N/A |
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: #63841376
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.
