27311 Kingport DrSplendoraTX77372
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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 Splendora at 27311 Kingport Dr, Splendora, TX, 77372 uses $114,235 cash to close to unlock $13,442/yr annual cash flow and $1,120/mo monthly cash flow. Total monthly income runs $3,571/mo, and a $1,687/mo payment keeps the spread at $1,120/mo. Purchase price stands at $344,600, and rental yield measures 12.44% with $3,571/mo rent. Return on cash invested shows 31.68% in year one, and 5% annual appreciation builds toward $95,207 over five years. Five-year ROI reaches 167.18% and total cumulative return in cash records $190,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,571/mo property income covering a $1,687/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77372, Splendora, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,634 (100%) |
| Owner Occupied HU | 4,431 (78.6%) |
| Renter Occupied HU | 803 (14.3%) |
| Vacant Housing Units | 400 ( 7.1%) |
| Median Home Value | $287,000 |
| Average Home Value | $327,546 |
Housing Distribution
Address Breakdown
Residential
5,110
Single Family
5,110
Multi-Family
0
Businesses
276
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Listed by: April Salas • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #13786641
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