23208 Parkshire CtNew CaneyTX77357
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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 New Caney at 23208 Parkshire Ct, New Caney, TX, 77357 listed at $255,000 pairs $1,954/mo rent with a $1,248/mo payment to leave $141/mo cash flow. Total monthly income runs $1,954/mo, and annual cash flow reaches $1,689/yr on $84,533 cash to close. Return on cash invested measures 21.91% in year one, and rental yield registers 9.2% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 114.75% and total cumulative return in cash totals $97,004. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,954/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77357, New Caney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,646 (100%) |
| Owner Occupied HU | 12,426 (74.6%) |
| Renter Occupied HU | 2,795 (16.8%) |
| Vacant Housing Units | 1,425 ( 8.6%) |
| Median Home Value | $324,310 |
| Average Home Value | $342,586 |
Housing Distribution
Address Breakdown
Residential
15,078
Single Family
14,889
Multi-Family
189
Businesses
691
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Listed by: Casey Lawson-Knox • Realty Associates
Mls Name: HAR
Mls Provider:
Mls ID: #2875127
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