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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 6918 Caddo Lake Ln, Houston, TX, 77083 at $235,000 posts ROI 43.16% with $1,509/mo cash flow from $3,197/mo rent. Total monthly income equals $3,197/mo, and annual cash flow records $18,113/yr on $77,903 to close. Return on cash invested measures 43.16% and rental yield reads 16.33% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 228.88% and total cumulative return in cash totals $178,300.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,197/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
10,001 sqft lot
$N/A/sqft
$200 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 |
|---|---|---|
| 2024-08-20 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | N/A | N/A | $245,485 | 16.83% |
| 2022-08-30 | $15.91 | N/A | $210,113 | 32.24% |
| 2021-08-30 | N/A | N/A | $158,890 | 17.47% |
Listed by: Toyin Adeogba • Keller Williams Realty Southwest
Mls Name: HAR
Mls Provider:
Mls ID: #74535503
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