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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 7231 Glacier Creek Ln, Houston, TX, 77083 priced at $325,000 pairs $2,485/mo rent with $136/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,485/mo, and annual cash flow comes to $1,633/yr on $107,738 invested. Return on cash invested is 21.42% in year one, and rental yield stands at 9.18% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 112.37% and total cumulative return in cash reaches $121,069. For financing, Ziffy Mortgage’s DSCR program evaluates $2,485/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
5,414 sqft lot
$N/A/sqft
$450 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 |
|---|---|---|
| 2024-11-20 | Listed for sale | $325,000 |
| 2023-12-06 | Listing removed | N/A |
| 2023-12-04 | Price change | $2,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $2268.18 | 10.99% | $286,747 | N/A |
| 2023-02-12 | $2043.52 | 19.54% | $286,747 | 19.45% |
| 2022-02-12 | $1709.49 | N/A | $240,052 | 8.10% |
Listed by: Benson Akintunji • Realty Associates
Mls Name: HAR
Mls Provider:
Mls ID: #60514973
Disclaimer: Copyright 2025, 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.
