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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 7615 Alcomita Dr, Houston, TX, 77083 offers a 9.01% rental yield on a $160,000 purchase with $1,201/mo rent. Total monthly income registers $1,201/mo, and a $783/mo payment leaves $63/mo available for distribution. Annual cash flow reaches $760/yr on $53,040 to close, and return on cash invested stands at 21.34% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 111.81% and total cumulative return in cash at $59,306. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,201/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
5,501 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kevin Pedraza • Wood Real Estate, LLC
Mls Name: HAR
Mls ID: #9813543
