16214 Diamond Rock DrCypressTX77429
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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
Rental property for sale in Cypress at 16214 Diamond Rock Dr, Cypress, TX, 77429 generates $3,353/mo in rent and, after a $2,055/mo payment, leaves $367/mo in cash flow. Total monthly income is $3,353/mo, and annual cash flow is $4,407/yr on $139,197 invested. Return on cash invested sits at 23.07% in year one, and rental yield is 9.58% on a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 121.05% and total cumulative return in cash sums $168,504. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,353/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77429, Cypress, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
33,064
Single Family
29,175
Multi-Family
3,889
Businesses
1,782
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