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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 8715 Meadowcroft Dr UNIT 1803, Houston, TX, 77063 generates $1,466/mo in rent, after a $1,052/mo payment. Total monthly income is $1,466/mo. Return on cash invested sits at 18.86% in year one, and rental yield is 8.18% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 98.41% and total cumulative return in cash sums $70,141. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,466/mo property income rather than buyer’s personal income.
Townhouse
Built in 2013
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77063, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,779 (100%) |
| Owner Occupied HU | 4,830 (23.2%) |
| Renter Occupied HU | 13,700 (65.9%) |
| Vacant Housing Units | 2,249 (10.8%) |
| Median Home Value | $390,426 |
| Average Home Value | $482,774 |
Residential
19,428
Single Family
3,609
Multi-Family
15,819
Businesses
2,003
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: Brittney Coyle • Keller Williams Memorial
Mls Name: HAR
Mls ID: #40945539
