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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 810 Peddie St, Houston, TX, 77008 priced at $925,000 converts $4,074/mo rent into after a $4,527/mo obligation. Total monthly income equals $4,074/mo. Return on cash invested prints 10.19% in year one, and rental yield reads 5.29% against a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation compiles into $255,560 by year five. Five-year ROI reaches 51.9% and total cumulative return in cash sums $157,957. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,074/mo property income covering a $4,527/mo payment, not borrower’s personal income.
Single Family
Built in 1925
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77008, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,031 (100%) |
| Owner Occupied HU | 11,593 (50.3%) |
| Renter Occupied HU | 9,475 (41.1%) |
| Vacant Housing Units | 1,963 ( 8.5%) |
| Median Home Value | $542,417 |
| Average Home Value | $635,144 |
Residential
23,112
Single Family
15,285
Multi-Family
7,827
Businesses
1,930
Date | Event | Price |
|---|---|---|
| 2025-04-21 | Listed for sale | $925,000 |
| 2020-06-30 | Listing removed | $730,000 |
| 2020-05-19 | Pending sale | $730,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $12473.15 | 6.18% | $795,661 | 1.84% |
| 2023-04-22 | $11746.82 | -7.97% | $781,308 | 4.71% |
| 2022-04-22 | $12764.81 | N/A | $746,179 | 5.14% |
Listed by: Sarah Starry • Compass RE Texas, LLC - Houston
Mls Name: HAR
Mls Provider:
Mls ID: #82753303
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