23 Jonquil PlTomballTX77375
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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
Rental property for sale in Tomball at 23 Jonquil Pl, Tomball, TX, 77375 priced at $489,500 converts $4,010/mo rent into $529/mo cash flow after a $2,396/mo obligation. Total monthly income equals $4,010/mo, and annual cash flow totals $6,347/yr on $162,269 invested. Return on cash invested prints 23.82% in year one, and rental yield reads 9.83% against a $489,500 entry. Equity gained on principal adds $3,159/yr, while 5% annual appreciation compiles into $135,240 by year five. Five-year ROI reaches 125.02% and total cumulative return in cash sums $202,871. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,010/mo property income covering a $2,396/mo payment, not borrower’s personal income.
Townhouse
Built in 2014
3,702 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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