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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 7511 Summer Glen Ln, Houston, TX, 77072 at $250,000 posts ROI 46.64% with $1,846/mo cash flow from $3,641/mo rent. Total monthly income equals $3,641/mo, and annual cash flow records $22,153/yr on $82,875 to close. Return on cash invested measures 46.64% and rental yield reads 17.48% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 247.53% and total cumulative return in cash totals $205,138.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,641/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
7,474 sqft lot
$N/A/sqft
$201 annually HOA
Neighborhood data shown for ZIP Code: 77072, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,888 (100%) |
| Owner Occupied HU | 7,922 (41.9%) |
| Renter Occupied HU | 9,506 (50.3%) |
| Vacant Housing Units | 1,460 ( 7.7%) |
| Median Home Value | $210,342 |
| Average Home Value | $263,543 |
Residential
18,891
Single Family
11,387
Multi-Family
7,504
Businesses
1,677
Date | Event | Price |
|---|---|---|
| 2024-04-21 | Listed for sale | $250,000 |
| 2014-12-12 | Listing removed | $132,500 |
| 2014-11-01 | Listed for sale | $132,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $2085.70 | 8.06% | $235,896 | 8.03% |
| 2022-08-16 | $1930.22 | N/A | $218,366 | 16.54% |
| 2021-08-16 | N/A | N/A | $187,367 | 4.44% |
Listed by: Theodore Ngomba • AATRE
Mls Name: HAR
Mls Provider:
Mls ID: #16990295
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.
