23480 Mayer RdPorterTX77365
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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 Porter at 23480 Mayer Rd, Porter, TX, 77365 listed at $379,500 pairs $2,976/mo rent with a $1,857/mo payment to leave $278/mo cash flow. Total monthly income runs $2,976/mo, and annual cash flow reaches $3,333/yr on $125,804 cash to close. Return on cash invested measures 22.56% in year one, and rental yield registers 9.41% at a $379,500 basis. Equity gained on principal adds $2,449/yr, and annual property appreciation at 5% supports $104,849 by year five. Five-year ROI tracks 118.26% and total cumulative return in cash totals $148,776. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,976/mo property income relative to a $1,857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77365, Porter, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,096 (100%) |
| Owner Occupied HU | 13,667 (71.6%) |
| Renter Occupied HU | 4,269 (22.4%) |
| Vacant Housing Units | 1,160 ( 6.1%) |
| Median Home Value | $324,501 |
| Average Home Value | $369,441 |
Housing Distribution
Address Breakdown
Residential
18,075
Single Family
16,452
Multi-Family
1,623
Businesses
850
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Listed by: Cameron Namazi • Summit Realty
Mls Name: HAR
Mls Provider:
Mls ID: #52074957
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