24237 Kelly StPorterTX77365
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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 24237 Kelly St, Porter, TX, 77365 offers a 12.32% rental yield on a $214,645 purchase with $2,203/mo rent. Total monthly income registers $2,203/mo, and a $1,051/mo payment leaves $676/mo available for distribution. Annual cash flow reaches $8,114/yr on $71,155 to close, and return on cash invested stands at 31.31% in year one. Equity gained on principal adds $1,385/yr while 5% annual appreciation supports $59,302 over five years. Portfolio math shows five-year ROI at 165.27% and total cumulative return in cash at $117,598. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,203/mo property income against a $1,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.31 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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