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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% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Houston at 8202 Cannon St #A/B, Houston, TX, 77051 listed at $319,990 pairs $2,429/mo rent with a $1,566/mo payment to leave $154/mo cash flow. Total monthly income runs $2,429/mo, and annual cash flow reaches $1,844/yr on $106,077 cash to close. Return on cash invested measures 21.65% in year one, and rental yield registers 9.11% at a $319,990 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,407 by year five. Five-year ROI tracks 113.37% and total cumulative return in cash totals $120,264. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,429/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2007
5,523 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 77051, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,323 (100%) |
| Owner Occupied HU | 3,326 (40.0%) |
| Renter Occupied HU | 4,159 (50.0%) |
| Vacant Housing Units | 838 (10.1%) |
| Median Home Value | $230,989 |
| Average Home Value | $227,082 |
Housing Distribution
Address Breakdown
Residential
7,424
Single Family
5,426
Multi-Family
1,998
Businesses
492
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: MultiFamily
- Year Built: 2007
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Driveway Gate, Two Parking Units
Location
- City: N/A
- Subdivision: N/A
- Lot Size: 5,523 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Mark Dimas • Realty Of America, LLC
Mls Name: HAR
Mls ID: #57453575