








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Cypress at 21902 Frosted Elfin Dr, Cypress, TX, 77433 offers a 7.68% rental yield on a $624,990 purchase with $4,000/mo rent. 81% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,673 over five years. Portfolio math shows five-year ROI at 87.64% and total cumulative return in cash at $180,202. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,000/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,702 sqft lot
$N/A/sqft
$1,360 annually HOA
Neighborhood data shown for ZIP Code: 77433, Cypress, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,531 (100%) |
| Owner Occupied HU | 35,404 (77.8%) |
| Renter Occupied HU | 7,715 (16.9%) |
| Vacant Housing Units | 2,412 ( 5.3%) |
| Median Home Value | $399,699 |
| Average Home Value | $445,853 |
Residential
41,894
Single Family
37,471
Multi-Family
4,423
Businesses
1,679
Date | Event | Price |
|---|---|---|
| 2025-01-19 | Price change | $624,990 |
| 2025-01-15 | Price change | $652,990 |
| 2024-11-11 | Price change | $649,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Radiant Attic Barrier
Listed by: Jared Turner • Coventry Homes
Mls Name: HAR
Mls Provider:
Mls ID: #91619268
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