10924 Thornwood DrLa PorteTX77571
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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 La Porte at 10924 Thornwood Dr, La Porte, TX, 77571 generates $2,510/mo in rent, after a $1,757/mo payment. Total monthly income is $2,510/mo. Return on cash invested sits at 19.35% in year one, and rental yield is 8.39% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 101.11% and total cumulative return in cash sums $120,331. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,510/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
8,411 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77571, La Porte, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,032 (100%) |
| Owner Occupied HU | 10,813 (67.4%) |
| Renter Occupied HU | 4,126 (25.7%) |
| Vacant Housing Units | 1,093 ( 6.8%) |
| Median Home Value | $266,608 |
| Average Home Value | $313,695 |
Housing Distribution
Address Breakdown
Residential
15,236
Single Family
12,840
Multi-Family
2,396
Businesses
1,081
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Listed by: Sandy Pearson • Century Properties Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #74326646
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