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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cypress at 12606 Park Forest Dr, Cypress, TX, 77429 uses $95,804 cash to close to unlock $4,425/yr annual cash flow and $369/mo monthly cash flow. Total monthly income runs $2,441/mo, and a $1,415/mo payment keeps the spread at $369/mo. Purchase price stands at $289,000, and rental yield measures 10.14% with $2,441/mo rent. Return on cash invested shows 24.53% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 128.89% and total cumulative return in cash records $123,482. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,441/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.41 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 77429, Cypress, TX area.
| 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 |
Residential
33,064
Single Family
29,175
Multi-Family
3,889
Businesses
1,782
Date | Event | Price |
|---|---|---|
| 2024-09-09 | Price change | $289,000 |
| 2024-08-26 | Listed for sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | N/A | N/A | $187,094 | -0.59% |
| 2022-10-22 | $147.98 | N/A | $188,206 | 7.06% |
| 2021-10-22 | N/A | N/A | $175,802 | 8.83% |
Listed by: Mike Schroeder • RE/MAX Preferred Homes
Mls Name: HAR
Mls Provider:
Mls ID: #33633823
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