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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 9415 Spellman Rd, Houston, TX, 77031 earns $38/mo cash flow from $1,957/mo rent with a $1,321/mo payment. Total monthly income totals $1,957/mo, and annual cash flow totals $453/yr on $89,472 capital. ROI tracks 20.41% on current figures, and rental yield reads 8.7% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 106.77% and total cumulative return in cash sums $95,526. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,957/mo property income instead of your personal income.
Single Family
Built in 1975
7,148 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mohammad Khan • REALM Real Estate Professionals - Galleria
Mls Name: HAR
Mls ID: #44534987
