Top 10 Houston Zillow Investment Listings Ranked by Cash-on-Cash Return
Ten Houston-area rental listings from Zillow ranked by cash-on-cash return. Trailers, townhomes, and sub-$130K SFRs with Realy metrics and investor notes.
These ten listings were pulled from Houston Zillow markets (Huffman, Houston proper, and surrounding zip codes) and ranked by cash-on-cash return (CoC) using Realy’s Chrome extension, sorted by highest CoC first.
Houston shows ten positive CoC listings on this screen, led by sub-$65K manufactured and trailer homes. Price cuts are common. Yields look extreme under lean assumptions until you add insurance, vacancy, and park or HOA fees.
This is a screening list, not a buy list.
Calculation Assumptions Used
| Input | Setting |
|---|---|
| Down payment | 20% · Closing 1% · Rate 6.5% · 30Y fixed |
| Property taxes | 2% of sale value |
| Insurance, vacancy, maintenance, HOA | $0 (add your quotes) |
| Rent | Zillow Rent Zestimate |
See cash-on-cash formula and NOI guide.
At-a-Glance Ranking
| # | Address | Price | Beds/Baths | CoC | Cap Rate | Mo. CF | Rent/mo |
|---|---|---|---|---|---|---|---|
| 1 | 838 Harolds Rd | $46,000 | 3 / 2 | 189.5% | 45.9% | $1,526 | $1,835 |
| 2 | 600 E Anderson Rd Trailer 426 | $62,758 | 4 / 2 | 149.0% | 37.4% | $1,636 | $2,058 |
| 3 | 520 Gulf Bank Rd Trailer 115 | $50,000 | 3 / 2 | 146.0% | 36.7% | $1,278 | $1,614 |
| 4 | 5715 Easthampton Dr Unit A | $75,000 | 3 / 2 | 96.0% | 26.2% | $1,260 | $1,764 |
| 5 | 4906 Edgewater Dr | $59,000 | 2 / 1 | 94.6% | 25.9% | $976 | $1,373 |
| 6 | 12119 Lemon Ridge Ln #121 | $79,000 | 2 / 2 | 75.3% | 21.9% | $1,041 | $1,572 |
| 7 | 12311 Dakar Dr | $120,000 | 3 / 2 | 58.2% | 18.3% | $1,221 | $2,028 |
| 8 | 8034 Antoine Dr APT 231 | $79,990 | 2 / 2 | 58.0% | 18.2% | $811 | $1,349 |
| 9 | 5319 Greylog Dr | $130,000 | 7 / 3 | 56.6% | 18.0% | $1,288 | $2,162 |
| 10 | 17331 Red Oak Dr APT 55 | $82,000 | 2 / 2 | 52.9% | 17.2% | $760 | $1,311 |
#1: 838 Harolds Rd, Huffman TX 77336
Single family · 3 bed / 2 bath · 1,856 sqft · $46,000
| Metric | Value |
|---|---|
| Cash-on-cash | 189.5% |
| Cap rate | 45.9% |
| Monthly cash flow | $1,526 |
| Total cash down | $9,660 |
Why it ranks #1: Sub-$46K basis with $1,835/mo rent. FSBO listing northeast of Houston proper.
Investor notes: $3,900 price cut (Jun 21). 49 days on market. Tax assessed $15,179. Tiny 150 sqft lot per listing. Verify flood zone and condition on older housing stock.
#2: 600 E Anderson Rd Trailer 426, Houston TX 77047
Manufactured · 4 bed / 2 bath · 1,456 sqft · $62,758
| Metric | Value |
|---|---|
| Cash-on-cash | 149.0% |
| Cap rate | 37.4% |
| Monthly cash flow | $1,636 |
Investor notes: Trailer in manufactured community. 14 days on market. Confirm land lease, park fees, and chattel vs. real-property financing.
#3: 520 Gulf Bank Rd Trailer 115, Houston TX 77037
Manufactured · 3 bed / 2 bath · 1,038 sqft · $50,000
| Metric | Value |
|---|---|
| Cash-on-cash | 146.0% |
| Cap rate | 36.7% |
| Monthly cash flow | $1,278 |
Investor notes: $2,500 price cut (Jul 2). 66 days on market. North Houston 77037. Same manufactured-home financing diligence as #2.
#4: 5715 Easthampton Dr Unit A, Houston TX 77039
Townhouse · 3 bed / 2 bath · 2,026 sqft · $75,000
| Metric | Value |
|---|---|
| Cash-on-cash | 96.0% |
| Cap rate | 26.2% |
| Monthly cash flow | $1,260 |
Investor notes: $34,000 price cut (Jun 25). Large 2,026 sqft footprint at $37/sqft list. Tax assessed $137,737. Motivated seller signal. Verify HOA if any.
#5: 4906 Edgewater Dr, Houston TX 77093
Single family · 2 bed / 1 bath · 816 sqft · $59,000
| Metric | Value |
|---|---|
| Cash-on-cash | 94.6% |
| Cap rate | 25.9% |
| Monthly cash flow | $976 |
Investor notes: Brand-new listing. Zestimate ~$129K vs. $59K list. Large automated value gap. Drive the 77093 block before assuming rent.
#6: 12119 Lemon Ridge Ln #121, Houston TX 77035
Townhouse · 2 bed / 2 bath · 1,244 sqft · $79,000
| Metric | Value |
|---|---|
| Cash-on-cash | 75.3% |
| Cap rate | 21.9% |
| Monthly cash flow | $1,041 |
Investor notes: $11,000 price cut (Jul 12). 36 days on market. Southwest Houston. Confirm townhouse HOA.
#7: 12311 Dakar Dr, Houston TX 77065
Single family · 3 bed / 2 bath · 1,372 sqft · $120,000
| Metric | Value |
|---|---|
| Cash-on-cash | 58.2% |
| Cap rate | 18.3% |
| Monthly cash flow | $1,221 |
Investor notes: Northwest Houston 77065. Zestimate ~$198K vs. $120K list. Spacious lot per listing. 1 day on Zillow.
#8: 8034 Antoine Dr APT 231, Houston TX 77088
Townhouse · 2 bed / 2 bath · 1,122 sqft · $79,990
| Metric | Value |
|---|---|
| Cash-on-cash | 58.0% |
| Cap rate | 18.2% |
| Monthly cash flow | $811 |
Investor notes: 25 days on market. North Houston 77088. Verify HOA and any community fees.
#9: 5319 Greylog Dr, Houston TX 77048
Single family · 7 bed / 3 bath · 1,780 sqft · $130,000
| Metric | Value |
|---|---|
| Cash-on-cash | 56.6% |
| Cap rate | 18.0% |
| Monthly cash flow | $1,288 |
Investor notes: $50,000 price cut (Jul 8). Seven bedrooms in 1,780 sqft. Verify layout and whether property supports multi-tenant use assumed by Rent Zestimate.
#10: 17331 Red Oak Dr APT 55, Houston TX 77090
Condo · 2 bed / 2 bath · 960 sqft · $82,000
| Metric | Value |
|---|---|
| Cash-on-cash | 52.9% |
| Cap rate | 17.2% |
| Monthly cash flow | $760 |
Investor notes: 74 days on market. Recent $4,000 price increase on listing history. Tennis courts in community. Confirm HOA dues before underwriting.
Houston Patterns
| Pattern | Takeaway |
|---|---|
| Trailer/manufactured lead | #1–3 dominate on sub-$65K basis with park-fee risk |
| Aggressive price cuts | #4 (−$34K), #9 (−$50K) signal seller motivation |
| Zestimate gaps | #5 shows $129K Zestimate vs. $59K list |
| vs. Dallas | Compare Dallas top 10 for DFW contrast |
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