23446 Timbarra Glen DrNew 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 23446 Timbarra Glen Dr, New Caney, TX, 77357 offers a 8.93% rental yield on a $504,900 purchase with $3,758/mo rent. Total monthly income registers $3,758/mo, and a $2,471/mo payment leaves $68/mo available for distribution. Annual cash flow reaches $814/yr on $166,112 to close, and return on cash invested stands at 20.55% in year one. Equity gained on principal adds $3,258/yr while 5% annual appreciation supports $139,495 over five years. Portfolio math shows five-year ROI at 107.73% and total cumulative return in cash at $178,954. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,758/mo property income against a $2,471/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
9,435 sqft lot
$N/A/sqft
$1,200 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
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Listed by: Deanna Parsons • Hill & Associates
Mls Name: HAR
Mls Provider:
Mls ID: #54604623
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