18811 Lantern Cove LnTomballTX77375
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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 18811 Lantern Cove Ln, Tomball, TX, 77375 uses $91,163 cash to close to unlock $3,773/yr annual cash flow and $314/mo monthly cash flow. Total monthly income runs $2,270/mo, and a $1,346/mo payment keeps the spread at $314/mo. Purchase price stands at $275,000, and rental yield measures 9.91% with $2,270/mo rent. Return on cash invested shows 24.05% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 126.27% and total cumulative return in cash records $115,115. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,270/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2010
5,131 sqft lot
$N/A/sqft
No 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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