24273 E Terrace DrPorterTX77365
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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 24273 E Terrace Dr, Porter, TX, 77365 earns from $1,683/mo rent with a $1,224/mo payment. Total monthly income totals $1,683/mo. ROI tracks 18.53% on current figures, and rental yield reads 8.08% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 96.66% and total cumulative return in cash sums $80,110. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,683/mo property income instead of your personal income.
Manufactured
Built in 2021
0.35 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: Victoria Lewis • Better Homes and Gardens Real Estate Gary Greene - Champions
Mls Name: HAR
Mls Provider:
Mls ID: #14394020
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