20646 Baptist Encampment RdNew CaneyTX77357
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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 New Caney at 20646 Baptist Encampment Rd, New Caney, TX, 77357 uses $92,820 cash to close to unlock $2,548/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $2,203/mo, and a $1,370/mo payment keeps the spread at $212/mo. Purchase price stands at $280,000, and rental yield measures 9.44% with $2,203/mo rent. Return on cash invested shows 22.65% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 118.81% and total cumulative return in cash records $110,277. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,203/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77357, New Caney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,646 (100%) |
| Owner Occupied HU | 12,426 (74.6%) |
| Renter Occupied HU | 2,795 (16.8%) |
| Vacant Housing Units | 1,425 ( 8.6%) |
| Median Home Value | $324,310 |
| Average Home Value | $342,586 |
Housing Distribution
Address Breakdown
Residential
15,078
Single Family
14,889
Multi-Family
189
Businesses
691
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