23470 Fauburg 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 23470 Fauburg Dr, New Caney, TX, 77357 earns from $3,570/mo rent with a $2,570/mo payment. Total monthly income totals $3,570/mo. ROI tracks 18.46% on current figures, and rental yield reads 8.16% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 96.43% and total cumulative return in cash sums $166,557. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,570/mo property income instead of your personal income.
Single Family
Built in 2015
7,714 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
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Listed by: Karina Loken • Houston Portfolio Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #89962845
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