2302 Tracy LnHighlandsTX77562
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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 Highlands at 2302 Tracy Ln, Highlands, TX, 77562 listed at $235,000 pairs $1,596/mo rent with a $1,150/mo payment. Total monthly income runs $1,596/mo. Return on cash invested measures 18.76% in year one, and rental yield registers 8.15% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 97.93% and total cumulative return in cash totals $76,288. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,596/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
6,115 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77562, Highlands, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,559 (100%) |
| Owner Occupied HU | 3,712 (66.8%) |
| Renter Occupied HU | 1,465 (26.4%) |
| Vacant Housing Units | 382 ( 6.9%) |
| Median Home Value | $283,692 |
| Average Home Value | $324,989 |
Housing Distribution
Address Breakdown
Residential
3,960
Single Family
3,836
Multi-Family
124
Businesses
268
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