2502 Fountain Cove LnMissouri CityTX77459
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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
Rental property for sale in Missouri City at 2502 Fountain Cove Ln, Missouri City, TX, 77459 priced at $874,999 converts $5,200/mo rent into after a $4,283/mo obligation. Total monthly income equals $5,200/mo. Return on cash invested prints 15.8% in year one, and rental yield reads 7.13% against a $874,999 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation compiles into $241,746 by year five. Five-year ROI reaches 81.98% and total cumulative return in cash sums $236,002. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,200/mo property income covering a $4,283/mo payment, not borrower’s personal income.
Single Family
Built in 2021
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77459, Missouri City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,944 (100%) |
| Owner Occupied HU | 26,467 (80.3%) |
| Renter Occupied HU | 5,147 (15.6%) |
| Vacant Housing Units | 1,330 ( 4.0%) |
| Median Home Value | $397,528 |
| Average Home Value | $448,031 |
Housing Distribution
Address Breakdown
Residential
31,456
Single Family
29,313
Multi-Family
2,143
Businesses
1,689
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Listed by: Candice Harris • CA Modern Realty
Mls Name: HAR
Mls ID: #3934262