28811 Balanced Rock DrNew CaneyTX77357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Caney at 28811 Balanced Rock Dr, New Caney, TX, 77357 uses $138,174 cash to close to unlock $6,733/yr annual cash flow and $561/mo monthly cash flow. Total monthly income runs $3,600/mo, and a $2,040/mo payment keeps the spread at $561/mo. Purchase price stands at $416,815, and rental yield measures 10.36% with $3,600/mo rent. Return on cash invested shows 24.78% in year one, and 5% annual appreciation builds toward $115,158 over five years. Five-year ROI reaches 130.44% and total cumulative return in cash records $180,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $2,040/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,773 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77357, New Caney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,646 (100%) |
| Owner Occupied HU | 12,426 (74.6%) |
| Renter Occupied HU | 2,795 (16.8%) |
| Vacant Housing Units | 1,425 ( 8.6%) |
| Median Home Value | $324,310 |
| Average Home Value | $342,586 |
Housing Distribution
Address Breakdown
Residential
15,078
Single Family
14,889
Multi-Family
189
Businesses
691
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared Turner • Chesmar Homes
Mls Name: HAR
Mls Provider:
Mls ID: #3208293
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.