23438 Fauburg DrNew CaneyTX77357
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 New Caney at 23438 Fauburg Dr, New Caney, TX, 77357 earns $517/mo cash flow from $3,571/mo rent with a $2,056/mo payment. Total monthly income totals $3,571/mo, and annual cash flow totals $6,208/yr on $139,230 capital. ROI tracks 24.37% on current figures, and rental yield reads 10.2% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 128.18% and total cumulative return in cash sums $178,471. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,571/mo property income instead of your personal income.
Single Family
Built in N/A
7,135 sqft lot
$N/A/sqft
$800 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vanesa Soto • The Onyx Group
Mls Name: HAR
Mls Provider:
Mls ID: #15838938
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.