23222 Red Oak TrlTomballTX77377
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tomball at 23222 Red Oak Trl, Tomball, TX, 77377 earns from $6,762/mo rent with a $7,342/mo payment. Total monthly income totals $6,762/mo. ROI tracks 10.73% on current figures, and rental yield reads 5.41% at a $1,500,000 purchase. Equity gained on principal adds $9,679/yr, and 5% annual appreciation supports $414,422 over five years. Five-year ROI reaches 54.75% and total cumulative return in cash sums $266,063. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,762/mo property income instead of your personal income.
Single Family
Built in 1989
12.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77377, Tomball, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,354 (100%) |
| Owner Occupied HU | 12,899 (74.3%) |
| Renter Occupied HU | 3,384 (19.5%) |
| Vacant Housing Units | 1,071 ( 6.2%) |
| Median Home Value | $383,186 |
| Average Home Value | $457,914 |
Housing Distribution
Address Breakdown
Residential
15,635
Single Family
14,343
Multi-Family
1,292
Businesses
1,368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices