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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 935 Mitchell Rd, Houston, TX, 77037 generates $2,364/mo in rent, after a $1,958/mo payment. Total monthly income is $2,364/mo. Return on cash invested sits at 15.56% in year one, and rental yield is 7.09% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 80.74% and total cumulative return in cash sums $107,067. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,364/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77037, Houston, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,368 (100%) |
| Owner Occupied HU | 3,304 (61.5%) |
| Renter Occupied HU | 1,799 (33.5%) |
| Vacant Housing Units | 265 ( 4.9%) |
| Median Home Value | $176,266 |
| Average Home Value | $238,490 |
Residential
5,357
Single Family
4,803
Multi-Family
554
Businesses
1,322
Date | Event | Price |
|---|---|---|
| 2024-11-16 | Listed for sale | $399,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $199,228 | N/A |
| 2023-12-27 | $1527.05 | -24.07% | $199,228 | 22.97% |
| 2022-12-27 | $2011.05 | N/A | $162,008 | N/A |
Listed by: Amanda Iverson • Jason Mitchell Real Estate LLC
Mls Name: HAR
Mls Provider:
Mls ID: #7926517
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