2407 Mountain Lake DrKingwoodTX77345
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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 Kingwood at 2407 Mountain Lake Dr, Kingwood, TX, 77345 earns $51/mo cash flow from $3,606/mo rent with a $2,447/mo payment. Total monthly income totals $3,606/mo, and annual cash flow totals $611/yr on $165,717 capital. ROI tracks 20.28% on current figures, and rental yield reads 8.66% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 106.02% and total cumulative return in cash sums $175,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,606/mo property income instead of your personal income.
Single Family
Built in 1988
10,798 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77345, Humble, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,429 (100%) |
| Owner Occupied HU | 8,026 (85.1%) |
| Renter Occupied HU | 1,093 (11.6%) |
| Vacant Housing Units | 310 ( 3.3%) |
| Median Home Value | $375,599 |
| Average Home Value | $423,057 |
Housing Distribution
Address Breakdown
Residential
9,848
Single Family
8,854
Multi-Family
994
Businesses
137
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