15058 Paddock Point LnNew CaneyTX77357
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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 New Caney at 15058 Paddock Point Ln, New Caney, TX, 77357 uses $74,554 cash to close to unlock $7,458/yr annual cash flow and $621/mo monthly cash flow. Total monthly income runs $2,221/mo, and a $1,101/mo payment keeps the spread at $621/mo. Purchase price stands at $224,900, and rental yield measures 11.85% with $2,221/mo rent. Return on cash invested shows 29.91% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 157.72% and total cumulative return in cash records $117,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,221/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 2021
6,002 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77357, New Caney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,646 (100%) |
| Owner Occupied HU | 12,426 (74.6%) |
| Renter Occupied HU | 2,795 (16.8%) |
| Vacant Housing Units | 1,425 ( 8.6%) |
| Median Home Value | $324,310 |
| Average Home Value | $342,586 |
Housing Distribution
Address Breakdown
Residential
15,078
Single Family
14,889
Multi-Family
189
Businesses
691
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