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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 8622 Carriage Creek Dr, Houston, TX, 77064 listed at $225,000 pairs $2,183/mo rent with a $1,101/mo payment to leave $554/mo cash flow. Total monthly income runs $2,183/mo, and annual cash flow reaches $6,649/yr on $74,588 cash to close. Return on cash invested measures 28.82% in year one, and rental yield registers 11.64% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 152.06% and total cumulative return in cash totals $113,421. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,183/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
7,000 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood data shown for ZIP Code: 77064, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 10,077 (59.9%) |
| Renter Occupied HU | 6,068 (36.1%) |
| Vacant Housing Units | 671 ( 4.0%) |
| Median Home Value | $266,392 |
| Average Home Value | $279,106 |
Residential
16,818
Single Family
12,390
Multi-Family
4,428
Businesses
1,219
Date | Event | Price |
|---|---|---|
| 2024-12-19 | Price change | $225,000 |
| 2024-11-11 | Price change | $232,000 |
| 2024-10-21 | Listed for sale | $242,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $227,451 | 2.48% |
| 2023-12-27 | N/A | N/A | $221,957 | 15.48% |
| 2022-12-27 | $921.66 | N/A | $192,206 | 15.47% |
Listed by: Justin Strickland • Cy-Fair Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #67179641
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