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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 8289 Kingsbrook Rd APT 275, Houston, TX, 77024 generates $1,760/mo in rent, after a $940/mo payment. Total monthly income is $1,760/mo. Return on cash invested sits at 15.09% in year one, and rental yield is 11% on a $192,000 entry. Equity gained on principal adds $1,239/yr, while 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 82.7% and total cumulative return in cash sums $52,636. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,760/mo property income rather than buyer’s personal income.
Condo
Built in 1964
8.55 Acres lot
$N/A/sqft
$650 monthly HOA
Neighborhood data shown for ZIP Code: 77024, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,636 (100%) |
| Owner Occupied HU | 10,193 (54.7%) |
| Renter Occupied HU | 6,387 (34.3%) |
| Vacant Housing Units | 2,056 (11.0%) |
| Median Home Value | $1,152,422 |
| Average Home Value | $1,270,262 |
Residential
18,464
Single Family
8,893
Multi-Family
9,571
Businesses
2,413
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listing removed | $192,000 |
| 2024-09-18 | Listed for sale | $192,000 |
| 2020-11-06 | Listing removed | $158,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $1896.35 | 21.12% | $168,134 | 13.22% |
| 2023-02-12 | $1565.66 | 0.81% | $148,506 | 2.23% |
| 2022-02-12 | $1553.04 | N/A | $145,262 | 2.86% |
Listed by: Cole Watkins • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #57660150
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
