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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 7231 La Granada Dr, Houston, TX, 77083 at $259,000 posts ROI 24.22% with $308/mo cash flow from $2,172/mo rent. Total monthly income equals $2,172/mo, and annual cash flow records $3,698/yr on $85,859 to close. Return on cash invested measures 24.22% and rental yield reads 10.06% at the current $259,000. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 by year five. Five-year ROI prints 127.3% and total cumulative return in cash totals $109,300.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,172/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
7,043 sqft lot
$N/A/sqft
$261 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 |
|---|---|---|
| 2025-03-04 | Price change | $259,000 |
| 2024-11-08 | Listed for sale | $263,900 |
| 2018-07-12 | Listing removed | $172,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-04 | $2212.83 | 13.40% | $229,634 | 10.00% |
| 2023-03-04 | $1951.34 | -49.74% | $208,758 | -10.37% |
| 2022-03-04 | $3882.34 | 28.61% | $232,910 | 35.00% |
Listed by: Roger Alvarez • RE/MAX Fine Properties
Mls Name: HAR
Mls Provider:
Mls ID: #70432352
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.
