29003 Great Flatland Trl, Hockley, TX, 77447 | $648/mo Cash Flow

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29003 Great Flatland Trl, Hockley, TX, 77447 | $648/mo Cash Flow | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hockley at 29003 Great Flatland Trl, Hockley, TX, 77447 offers a 11.48% rental yield on a $263,200 purchase with $2,519/mo rent. Total monthly income registers $2,519/mo, and a $1,288/mo payment leaves $648/mo available for distribution. Annual cash flow reaches $7,771/yr on $87,251 to close, and return on cash invested stands at 28.82% in year one. Equity gained on principal adds $1,698/yr while 5% annual appreciation supports $72,717 over five years. Portfolio math shows five-year ROI at 151.83% and total cumulative return in cash at $132,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,519/mo property income against a $1,288/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

This single-story home offers a layout that works well for both families and those who love to entertain. Two secondary bedrooms are tucked near the entry off the right of the foyer, which then leads into a family room. The family room seamlessly transitions into the kitchen, nook and a back covered patio. The owner's suite is tucked in the back with a large bedroom, bathroom and walk-in closet.

Neighborhood Data

Neighborhood data shown for ZIP Code: 77447, Hockley, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,326 (100%)
Owner Occupied HU	10,304 (83.6%)
Renter Occupied HU	1,216 ( 9.9%)
Vacant Housing Units	806 ( 6.5%)
Median Home Value	$337,739
Average Home Value	$430,368