27711 Midlane StSplendoraTX77372
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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 27711 Midlane St, Splendora, TX, 77372 uses $82,875 cash to close to unlock $5,230/yr annual cash flow and $436/mo monthly cash flow. Total monthly income runs $2,214/mo, and a $1,224/mo payment keeps the spread at $436/mo. Purchase price stands at $250,000, and rental yield measures 10.63% with $2,214/mo rent. Return on cash invested shows 26.22% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 137.9% and total cumulative return in cash records $114,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,214/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 2007
1.87 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: Marla Bailey • Compass RE Texas, LLC - The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #40415439
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