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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 12755 Mill Ridge Dr APT 606, Cypress, TX, 77429 uses $49,725 cash to close to unlock $6,090/yr annual cash flow and $508/mo monthly cash flow. Total monthly income runs $1,574/mo, and a $734/mo payment keeps the spread at $508/mo. Purchase price stands at $150,000, and rental yield measures 12.59% with $1,574/mo rent. Return on cash invested shows 32.16% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 169.76% and total cumulative return in cash records $84,414. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,574/mo property income covering a $734/mo payment rather than investor’s personal income.
Townhouse
Built in 1984
3.91 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jennifer Simpson • Realty One Group Optima
Mls Name: HAR
Mls ID: #83634874
