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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 8888 Benning Dr APT 214, Houston, TX, 77031 generates $1,482/mo in rent, after a $783/mo payment. Total monthly income is $1,482/mo. Return on cash invested sits at 17.32% in year one, and rental yield is 11.12% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 93.98% and total cumulative return in cash sums $49,850. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,482/mo property income rather than buyer’s personal income.
Condo
Built in 1984
4.52 Acres lot
$N/A/sqft
$430 monthly HOA
Neighborhood data shown for ZIP Code: 77031, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,747 (100%) |
| Owner Occupied HU | 2,540 (37.6%) |
| Renter Occupied HU | 3,437 (50.9%) |
| Vacant Housing Units | 770 (11.4%) |
| Median Home Value | $249,828 |
| Average Home Value | $333,168 |
Residential
6,491
Single Family
2,956
Multi-Family
3,535
Businesses
474
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Listed for sale | $160,000 |
| 2024-02-03 | Listing removed | N/A |
| 2024-01-26 | Price change | $1,399 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-13 | $3000.01 | 24.62% | $151,078 | 26.44% |
| 2023-04-13 | $2407.35 | -8.50% | $119,483 | N/A |
| 2022-04-13 | $2630.89 | N/A | $119,483 | 16.40% |
Listed by: Nusrat Ghafoor • Walzel Properties - Katy
Mls Name: HAR
Mls Provider:
Mls ID: #40196077
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