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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 7432 Azalea St, Houston, TX, 77023 uses $120,998 cash to close to unlock $2,891/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $2,836/mo, and a $1,786/mo payment keeps the spread at $241/mo. Purchase price stands at $365,000, and rental yield measures 9.32% with $2,836/mo rent. Return on cash invested shows 22.3% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 116.84% and total cumulative return in cash records $141,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,836/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1945
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77023, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,449 (100%) |
| Owner Occupied HU | 4,708 (41.1%) |
| Renter Occupied HU | 5,593 (48.9%) |
| Vacant Housing Units | 1,148 (10.0%) |
| Median Home Value | $327,051 |
| Average Home Value | $347,036 |
Residential
10,991
Single Family
8,014
Multi-Family
2,977
Businesses
945
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Price change | $365,000 |
| 2024-10-11 | Price change | $385,000 |
| 2024-08-25 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $4212.27 | -19.35% | $259,215 | N/A |
| 2023-02-12 | $5222.69 | 6.61% | $259,215 | 16.51% |
| 2022-02-12 | $4898.98 | N/A | $222,490 | 20.11% |
Listed by: Yeira Baldazo • Amada Agency Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #8940658
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.
