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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 7110 Brody Ln, Houston, TX, 77083 generates $5,104/mo in rent and, after a $1,762/mo payment, leaves $2,519/mo in cash flow. Total monthly income is $5,104/mo, and annual cash flow is $30,228/yr on $119,340 invested. Return on cash invested sits at 45.24% in year one, and rental yield is 17.01% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 239.97% and total cumulative return in cash sums $286,377. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,104/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
5,911 sqft lot
$N/A/sqft
$300 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 |
|---|---|---|
| 2024-09-03 | Listed for sale | $360,000 |
| 2016-07-05 | Listing removed | $185,000 |
| 2016-05-26 | Pending sale | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-04 | N/A | N/A | $320,785 | 33.38% |
| 2022-09-04 | $1381.64 | N/A | $240,500 | -5.44% |
| 2021-09-04 | N/A | N/A | $254,331 | 20.66% |
Listed by: Diana C. Buckley • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #7891711
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.
