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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 8281 Sands Point Dr #179, Houston, TX, 77036 offers a 14.35% rental yield on a $140,000 purchase with $1,674/mo rent. Total monthly income registers $1,674/mo, and a $685/mo payment leaves $283/mo available for distribution. Annual cash flow reaches $3,392/yr on $46,410 to close, and return on cash invested stands at 27.22% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 146.99% and total cumulative return in cash at $68,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,674/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
2.15 Acres lot
$N/A/sqft
$396 monthly HOA
Neighborhood data shown for ZIP Code: 77036, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,980 (100%) |
| Owner Occupied HU | 5,246 (16.4%) |
| Renter Occupied HU | 24,101 (75.4%) |
| Vacant Housing Units | 2,633 ( 8.2%) |
| Median Home Value | $255,723 |
| Average Home Value | $275,133 |
Residential
29,653
Single Family
5,779
Multi-Family
23,874
Businesses
5,229
Date | Event | Price |
|---|---|---|
| 2024-09-27 | Listed for sale | $140,000 |
| 2018-12-28 | Listing removed | $1,100 |
| 2018-11-29 | Listed for rent | $1,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $116,431 | 3.76% |
| 2023-12-27 | $2260.84 | 1.40% | $112,211 | 10.81% |
| 2022-12-27 | $2229.68 | N/A | $101,262 | 15.21% |
Listed by: Tammy Lenaburg • Luxe Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #61768296
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