2118 N Parkdale DrKingwoodTX77339
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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 Kingwood at 2118 N Parkdale Dr, Kingwood, TX, 77339 uses $82,875 cash to close to unlock $51,594/yr annual cash flow and $4,300/mo monthly cash flow. Total monthly income runs $6,100/mo, and a $1,224/mo payment keeps the spread at $4,300/mo. Purchase price stands at $250,000, and rental yield measures 29.28% with $6,100/mo rent. Return on cash invested shows 82.16% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 438.02% and total cumulative return in cash records $363,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,100/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1977
10,319 sqft lot
$N/A/sqft
$268 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77339, Humble, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,546 (100%) |
| Owner Occupied HU | 11,162 (57.1%) |
| Renter Occupied HU | 6,644 (34.0%) |
| Vacant Housing Units | 1,740 ( 8.9%) |
| Median Home Value | $311,098 |
| Average Home Value | $348,976 |
Housing Distribution
Address Breakdown
Residential
18,497
Single Family
12,198
Multi-Family
6,299
Businesses
1,507
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Listed by: Jennifer Sheridan • Keller Williams Realty Northeast
Mls Name: HAR
Mls Provider:
Mls ID: #75899469
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