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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 Hockley at 15910 Mersmann Ridge Ln, Hockley, TX, 77447 earns from $2,674/mo rent with a $1,884/mo payment. Total monthly income totals $2,674/mo. ROI tracks 19.31% on current figures, and rental yield reads 8.33% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 100.86% and total cumulative return in cash sums $128,722. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,674/mo property income instead of your personal income.
Single Family
Built in 2023
6,525 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77447, Hockley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,326 (100%) |
| Owner Occupied HU | 10,304 (83.6%) |
| Renter Occupied HU | 1,216 ( 9.9%) |
| Vacant Housing Units | 806 ( 6.5%) |
| Median Home Value | $337,739 |
| Average Home Value | $430,368 |
Residential
10,781
Single Family
10,781
Multi-Family
0
Businesses
309
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: Carol Fusco Jukes • Realty Pros of Texas
Mls Name: HAR
Mls ID: #23107252
