23708 Patchouli Terrace DrSplendoraTX77372
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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 Splendora at 23708 Patchouli Terrace Dr, Splendora, TX, 77372 listed at $204,990 pairs $1,938/mo rent with a $1,003/mo payment to leave $481/mo cash flow. Total monthly income runs $1,938/mo, and annual cash flow reaches $5,767/yr on $67,954 cash to close. Return on cash invested measures 28.4% in year one, and rental yield registers 11.34% at a $204,990 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,635 by year five. Five-year ROI tracks 149.59% and total cumulative return in cash totals $101,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,938/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,658 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77372, Splendora, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,634 (100%) |
| Owner Occupied HU | 4,431 (78.6%) |
| Renter Occupied HU | 803 (14.3%) |
| Vacant Housing Units | 400 ( 7.1%) |
| Median Home Value | $287,000 |
| Average Home Value | $327,546 |
Housing Distribution
Address Breakdown
Residential
5,110
Single Family
5,110
Multi-Family
0
Businesses
276
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