2803 Kings Crossing Dr APT 111KingwoodTX77345
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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 Kingwood at 2803 Kings Crossing Dr APT 111, Kingwood, TX, 77345 generates $2,281/mo in rent, after a $1,233/mo payment. Total monthly income is $2,281/mo. Return on cash invested sits at 16.27% in year one, and rental yield is 10.86% on a $252,000 entry. Equity gained on principal adds $1,626/yr, while 5% annual appreciation builds toward $69,623 over five years. Five-year ROI reaches 88.4% and total cumulative return in cash sums $73,850. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,281/mo property income rather than buyer’s personal income.
Condo
Built in 1996
5.13 Acres lot
$N/A/sqft
$743 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77345, Humble, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,429 (100%) |
| Owner Occupied HU | 8,026 (85.1%) |
| Renter Occupied HU | 1,093 (11.6%) |
| Vacant Housing Units | 310 ( 3.3%) |
| Median Home Value | $375,599 |
| Average Home Value | $423,057 |
Housing Distribution
Address Breakdown
Residential
9,848
Single Family
8,854
Multi-Family
994
Businesses
137
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Listed by: Sandy Swensen • Keller Williams Realty Northeast
Mls Name: HAR
Mls Provider:
Mls ID: #60944100
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