215 N Howard StTomballTX77375
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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
Total monthly income runs $1,998/mo, and a $1,738/mo payment. Purchase price stands at $355,000, and rental yield measures 6.75% with $1,998/mo rent. Return on cash invested shows 14.54% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 75.27% and total cumulative return in cash records $88,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,998/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Multi Family
Built in 1984
7,000 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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Listed by: Teresa Sanchez • Keller Williams Realty Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #16560490
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