12031 Westlock DrTomballTX77377
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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
Investment property for sale in Tomball at 12031 Westlock Dr, Tomball, TX, 77377 offers a 11.11% rental yield on a $230,000 purchase with $2,129/mo rent. Total monthly income registers $2,129/mo, and a $1,126/mo payment leaves $463/mo available for distribution. Annual cash flow reaches $5,558/yr on $76,245 to close, and return on cash invested stands at 27.2% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 143.37% and total cumulative return in cash at $109,315. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,129/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
4,713 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77377, Tomball, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,354 (100%) |
| Owner Occupied HU | 12,899 (74.3%) |
| Renter Occupied HU | 3,384 (19.5%) |
| Vacant Housing Units | 1,071 ( 6.2%) |
| Median Home Value | $383,186 |
| Average Home Value | $457,914 |
Housing Distribution
Address Breakdown
Residential
15,635
Single Family
14,343
Multi-Family
1,292
Businesses
1,368
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Listed by: George Haines • Legacy Texas Properties
Mls Name: HAR
Mls Provider:
Mls ID: #60477690
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