21868 E Martin DrPorterTX77365
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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 Porter at 21868 E Martin Dr, Porter, TX, 77365 offers a 1.96% rental yield on a $1,249,000 purchase with $2,045/mo rent. 1% in year one. Equity gained on principal adds $8,060/yr while 5% annual appreciation supports $345,076 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,045/mo property income against a $6,113/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2019
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77365, Porter, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,096 (100%) |
| Owner Occupied HU | 13,667 (71.6%) |
| Renter Occupied HU | 4,269 (22.4%) |
| Vacant Housing Units | 1,160 ( 6.1%) |
| Median Home Value | $324,501 |
| Average Home Value | $369,441 |
Housing Distribution
Address Breakdown
Residential
18,075
Single Family
16,452
Multi-Family
1,623
Businesses
850
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Listed by: John Stanley • RE/MAX Associates Northeast
Mls Name: HAR
Mls Provider:
Mls ID: #56762453
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