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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 Tomball at 16311 N Eldridge Pkwy UNIT B, Tomball, TX, 77377 uses $101,108 cash to close to unlock $3,986/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,493/mo payment keeps the spread at $332/mo. Purchase price stands at $305,000, and rental yield measures 10.39% with $2,640/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 125.82% and total cumulative return in cash records $127,210. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 2005
2,604 sqft lot
$N/A/sqft
$1,665 annually HOA
Neighborhood data shown for ZIP Code: 77377, Tomball, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,354 (100%) |
| Owner Occupied HU | 12,899 (74.3%) |
| Renter Occupied HU | 3,384 (19.5%) |
| Vacant Housing Units | 1,071 ( 6.2%) |
| Median Home Value | $383,186 |
| Average Home Value | $457,914 |
Residential
15,635
Single Family
14,343
Multi-Family
1,292
Businesses
1,368
Date | Event | Price |
|---|---|---|
| 2024-11-15 | Listed for sale | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jennifer Tucker • Land Home and Ranch Realty
Mls Name: HAR
Mls Provider:
Mls ID: #13839109
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