








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 8907 Emerald Heights Ln, Houston, TX, 77083 priced at $299,000 converts $2,316/mo rent into $145/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,316/mo, and annual cash flow totals $1,743/yr on $99,119 invested. Return on cash invested prints 21.67% in year one, and rental yield reads 9.29% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 113.72% and total cumulative return in cash sums $112,714. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,316/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1995
8,110 sqft lot
$N/A/sqft
$540 annually HOA
Neighborhood data shown for ZIP Code: 77083, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,942 (100%) |
| Owner Occupied HU | 14,881 (64.9%) |
| Renter Occupied HU | 7,425 (32.4%) |
| Vacant Housing Units | 636 ( 2.8%) |
| Median Home Value | $257,596 |
| Average Home Value | $292,331 |
Residential
22,671
Single Family
18,760
Multi-Family
3,911
Businesses
1,018
Date | Event | Price |
|---|---|---|
| 2025-09-19 | Price change | $299,000 |
| 2025-05-28 | Price change | $290,000 |
| 2025-03-14 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-19 | $2526.39 | 14.20% | $248,377 | 10.00% |
| 2023-09-19 | $2212.28 | -20.54% | $225,797 | 10.00% |
| 2022-09-19 | $2784.24 | -0.55% | $205,270 | 10.00% |



Listed by: Vin Kuang • EW & Associates Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #36375936
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