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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 7650 Smiling Wood Ln, Houston, TX, 77086 listed at $229,000 pairs $2,209/mo rent with a $1,121/mo payment to leave $505/mo cash flow. Total monthly income runs $2,209/mo, and annual cash flow reaches $6,059/yr on $75,914 cash to close. Return on cash invested measures 27.89% in year one, and rental yield registers 11.58% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 147.27% and total cumulative return in cash totals $111,797. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,209/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
6,298 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood data shown for ZIP Code: 77086, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,341 (100%) |
| Owner Occupied HU | 4,616 (49.4%) |
| Renter Occupied HU | 4,238 (45.4%) |
| Vacant Housing Units | 487 ( 5.2%) |
| Median Home Value | $214,389 |
| Average Home Value | $254,623 |
Residential
8,631
Single Family
6,758
Multi-Family
1,873
Businesses
1,019
Date | Event | Price |
|---|---|---|
| 2025-06-09 | Listed for sale | $229,000 |
| 2025-06-01 | Listing removed | $249,000 |
| 2025-05-26 | Listed for sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-09 | $4307.29 | -6.05% | $225,198 | -8.78% |
| 2023-06-09 | $4584.69 | 6.78% | $246,870 | 18.70% |
| 2022-06-09 | $4293.61 | N/A | $207,975 | 25.70% |
Listed by: Sandra Tsui • Keller Williams Realty Southwest
Mls Name: HAR
Mls Provider:
Mls ID: #12038534
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