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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 7207 San Lucas Dr, Houston, TX, 77083 offers $2,060/mo rent that, after a $1,346/mo payment, leaves $79/mo cash flow. Total monthly income is $2,060/mo, and annual cash flow is $953/yr on $91,163 cash. Return on cash invested measures 20.95% in year one, and rental yield stands at 8.99% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 109.81% and total cumulative return in cash reaches $100,103. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,060/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
8,280 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 |
|---|---|---|
| 2024-05-03 | Listing removed | N/A |
| 2024-03-05 | Listed for rent | $1,800 |
| 2024-02-21 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $210,237 | -3.56% |
| 2023-02-12 | $3299.25 | 4.95% | $217,997 | 15.59% |
| 2022-02-12 | $3143.74 | 23.15% | $188,600 | 29.27% |
Listed by: Darryl Green • Green Enterprises
Mls Name: HAR
Mls Provider:
Mls ID: #31853453
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