24227 Kennedy Ranch LnHockleyTX77447
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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 Hockley at 24227 Kennedy Ranch Ln, Hockley, TX, 77447 offers a 11.15% rental yield on a $169,800 purchase with $1,578/mo rent. Total monthly income registers $1,578/mo, and a $831/mo payment leaves $350/mo available for distribution. Annual cash flow reaches $4,195/yr on $56,289 to close, and return on cash invested stands at 27.36% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,913 over five years. Portfolio math shows five-year ROI at 144.21% and total cumulative return in cash at $81,174. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,578/mo property income against a $831/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
6,300 sqft lot
$N/A/sqft
$21 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77447, Hockley, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,326 (100%) |
| Owner Occupied HU | 10,304 (83.6%) |
| Renter Occupied HU | 1,216 ( 9.9%) |
| Vacant Housing Units | 806 ( 6.5%) |
| Median Home Value | $337,739 |
| Average Home Value | $430,368 |
Housing Distribution
Address Breakdown
Residential
10,781
Single Family
10,781
Multi-Family
0
Businesses
309
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