18330 Melissa Springs DrTomballTX77375
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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 Tomball at 18330 Melissa Springs Dr, Tomball, TX, 77375 generates $2,315/mo in rent and, after a $1,400/mo payment, leaves $248/mo in cash flow. Total monthly income is $2,315/mo, and annual cash flow is $2,974/yr on $94,842 invested. Return on cash invested sits at 23.04% in year one, and rental yield is 9.71% on a $286,100 entry. Equity gained on principal adds $1,846/yr, while 5% annual appreciation builds toward $79,044 over five years. Five-year ROI reaches 121.03% and total cumulative return in cash sums $114,784. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,315/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
6,403 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77375, Tomball, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,379 (100%) |
| Owner Occupied HU | 17,503 (69.0%) |
| Renter Occupied HU | 6,631 (26.1%) |
| Vacant Housing Units | 1,245 ( 4.9%) |
| Median Home Value | $348,167 |
| Average Home Value | $427,152 |
Housing Distribution
Address Breakdown
Residential
26,489
Single Family
20,731
Multi-Family
5,758
Businesses
1,895
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