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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% |
Rental property for sale in Houston at 8029 Longridge Dr, Houston, TX, 77055 offers $1,950/mo rent that, after a $5,335/mo payment. Total monthly income is $1,950/mo. Return on cash invested measures 0.66% in year one, and rental yield stands at 2.15% at a $1,090,000 entry. Equity gained on principal adds $7,034/yr while 5% annual appreciation compounds into $301,147 by year five. Five-year ROI records 0.75% and total cumulative return in cash reaches $2,640. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,950/mo property income versus a $5,335/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
7,958 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77055, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,313 (100%) |
| Owner Occupied HU | 8,227 (42.6%) |
| Renter Occupied HU | 9,215 (47.7%) |
| Vacant Housing Units | 1,871 ( 9.7%) |
| Median Home Value | $591,200 |
| Average Home Value | $707,973 |
Residential
19,239
Single Family
10,978
Multi-Family
8,261
Businesses
2,617
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: Mel Reyna • The Reyna Group
Mls Name: HAR
Mls ID: #89635451
