17039 Luminous Ln, Hockley, TX, 77447 | $77/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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17039 Luminous Ln, Hockley, TX, 77447 | $77/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hockley at 17039 Luminous Ln, Hockley, TX, 77447 uses $116,025 cash to close to unlock $926/yr annual cash flow and $77/mo monthly cash flow. Total monthly income runs $2,566/mo, and a $1,713/mo payment keeps the spread at $77/mo. Purchase price stands at $350,000, and rental yield measures 8.8% with $2,566/mo rent. Return on cash invested shows 20.71% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 108.37% and total cumulative return in cash records $125,738. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,566/mo property income covering a $1,713/mo payment rather than investor’s personal income.

Single Family

Built in 2024

5,850 sqft lot

$N/A/sqft

No HOA

More details about the property

? LIKE NEW David Weekley Home ? Skip the wait and hassle of new constructionthis beautifully maintained home is move-in ready! Enjoy all the perks without the growing pains: no nearby construction noise, no minor settling repairs, and an already established street. This home comes loaded with upgrades, including: ? Whole-home water softener ? Window blinds throughout ? Established landscaping ? Extended covered patio with a gas line ready for your grill Inside, youll find a bright and open living area perfect for gathering. The private primary suite is tucked away at the back of the home for peace and relaxation, featuring an oversized shower in the ensuite bathroom. A dedicated home office makes working from home a breeze, while the spacious laundry room adds functionality to your daily routine. Even the secondary bedrooms are generously sized! This home truly blends comfort, upgrades, and convenienceall ready for you today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 77447, Hockley, TX area.

Housing Distribution

Housing Statistics

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