15 Piper LnNormangeeTX77871
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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 Normangee at 15 Piper Ln, Normangee, TX, 77871 earns $244/mo cash flow from $1,907/mo rent with a $1,062/mo payment. Total monthly income totals $1,907/mo, and annual cash flow totals $2,928/yr on $71,936 capital. ROI tracks 23.98% on current figures, and rental yield reads 10.55% at a $217,000 purchase. Equity gained on principal adds $1,400/yr, and 5% annual appreciation supports $59,953 over five years. Five-year ROI reaches 126.59% and total cumulative return in cash sums $91,061. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,907/mo property income instead of your personal income.
Single Family
Built in 2024
10,659 sqft lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77871, Normangee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,042 (100%) |
| Owner Occupied HU | 1,397 (68.4%) |
| Renter Occupied HU | 226 (11.1%) |
| Vacant Housing Units | 419 (20.5%) |
| Median Home Value | $262,165 |
| Average Home Value | $336,263 |
Housing Distribution
Address Breakdown
Residential
969
Single Family
969
Multi-Family
0
Businesses
95
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Listed by: Kelly Yates • eXp Realty LLC
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24004935
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.