29014 Red Loop DrNew CaneyTX77357
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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 New Caney at 29014 Red Loop Dr, New Caney, TX, 77357 earns $299/mo cash flow from $3,442/mo rent with a $2,163/mo payment. Total monthly income totals $3,442/mo, and annual cash flow totals $3,591/yr on $146,523 capital. ROI tracks 22.36% on current figures, and rental yield reads 9.34% at a $442,000 purchase. Equity gained on principal adds $2,852/yr, and 5% annual appreciation supports $122,116 over five years. Five-year ROI reaches 117.21% and total cumulative return in cash sums $171,734. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,442/mo property income instead of your personal income.
Single Family
Built in 2024
8,232 sqft lot
$N/A/sqft
No 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
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