24188 Linda Ln #1-2PorterTX77365
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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 24188 Linda Ln #1-2, Porter, TX, 77365 uses $77,899 cash to close to unlock $973/yr annual cash flow and $81/mo monthly cash flow. Total monthly income runs $1,752/mo, and a $1,150/mo payment keeps the spread at $81/mo. Purchase price stands at $234,990, and rental yield measures 8.95% with $1,752/mo rent. Return on cash invested shows 21.16% in year one, and 5% annual appreciation builds toward $64,923 over five years. Five-year ROI reaches 110.79% and total cumulative return in cash records $86,305. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,752/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.38 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: Albert Yanez • Texas Legacy Properties
Mls Name: HAR
Mls Provider:
Mls ID: #45746862
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