107 E Black Knight DrThe WoodlandsTX77382
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Ziffy AI Summary
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
Rental property for sale in The Woodlands at 107 E Black Knight Dr, The Woodlands, TX, 77382 priced at $1,835,000 converts $15,631/mo rent into $2,582/mo cash flow after a $8,981/mo obligation. Total monthly income equals $15,631/mo, and annual cash flow totals $30,989/yr on $594,540 invested. Return on cash invested prints 25.58% in year one, and rental yield reads 10.22% against a $1,835,000 entry. Equity gained on principal adds $11,841/yr, while 5% annual appreciation compiles into $506,977 by year five. Five-year ROI reaches 134.4% and total cumulative return in cash sums $799,076. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $15,631/mo property income covering a $8,981/mo payment, not borrower’s personal income.
Single Family
Built in 2011
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77382, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,003 (100%) |
| Owner Occupied HU | 10,318 (73.7%) |
| Renter Occupied HU | 3,029 (21.6%) |
| Vacant Housing Units | 656 ( 4.7%) |
| Median Home Value | $573,705 |
| Average Home Value | $681,922 |
Housing Distribution
Address Breakdown
Residential
13,684
Single Family
12,331
Multi-Family
1,353
Businesses
297
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Listed by: Alejandra Quiroz • Coldwell Banker Realty - The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #76294275
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