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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 8787 Brae Acres Rd APT 1108, Houston, TX, 77074 offers a 15.79% rental yield on a $125,000 purchase with $1,645/mo rent. Total monthly income registers $1,645/mo, and a $612/mo payment leaves $354/mo available for distribution. Annual cash flow reaches $4,245/yr on $41,438 to close, and return on cash invested stands at 30.15% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 163.26% and total cumulative return in cash at $67,649. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,645/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
3.92 Acres lot
$N/A/sqft
$375 monthly HOA
Neighborhood data shown for ZIP Code: 77074, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,800 (100%) |
| Owner Occupied HU | 4,392 (27.8%) |
| Renter Occupied HU | 9,971 (63.1%) |
| Vacant Housing Units | 1,437 ( 9.1%) |
| Median Home Value | $240,326 |
| Average Home Value | $263,668 |
Residential
14,136
Single Family
5,811
Multi-Family
8,325
Businesses
2,034
Date | Event | Price |
|---|---|---|
| 2024-10-05 | Listed for sale | $125,000 |
| 2020-01-29 | Listing removed | $1,150 |
| 2019-11-15 | Price change | $1,150 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $2401.67 | 6.42% | $119,201 | 16.30% |
| 2022-10-21 | $2256.89 | N/A | $102,498 | 21.52% |
| 2021-10-21 | N/A | N/A | $84,344 | 8.54% |
Listed by: Lina Campbell • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #19560028
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