17826 Island Spring LnTomballTX77377
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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 Tomball at 17826 Island Spring Ln, Tomball, TX, 77377 uses $152,159 cash to close to unlock $7,123/yr annual cash flow and $594/mo monthly cash flow. Total monthly income runs $3,858/mo, and a $2,247/mo payment keeps the spread at $594/mo. Purchase price stands at $459,000, and rental yield measures 10.09% with $3,858/mo rent. Return on cash invested shows 24.59% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 129.16% and total cumulative return in cash records $196,523. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,858/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Single Family
Built in 2002
8,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77377, Tomball, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,635
Single Family
14,343
Multi-Family
1,292
Businesses
1,368
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