12603 Telge Rd #5ICypressTX77429
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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 Cypress at 12603 Telge Rd #5I, Cypress, TX, 77429 offers a 3.6% rental yield on a $805,000 purchase with $2,414/mo rent. 04% in year one. Equity gained on principal adds $5,195/yr while 5% annual appreciation supports $222,407 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,414/mo property income against a $3,940/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2019
2,940 sqft lot
$N/A/sqft
$1,568 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77429, Cypress, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,613 (100%) |
| Owner Occupied HU | 25,546 (76.0%) |
| Renter Occupied HU | 7,150 (21.3%) |
| Vacant Housing Units | 917 ( 2.7%) |
| Median Home Value | $371,673 |
| Average Home Value | $405,431 |
Housing Distribution
Address Breakdown
Residential
33,064
Single Family
29,175
Multi-Family
3,889
Businesses
1,782
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Listed by: Jonathan Metcalf • RE/MAX Prestige
Mls Name: HAR
Mls Provider:
Mls ID: #92699775
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