297 Galant Fox WayNew 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
Rental property for sale in New Caney at 297 Galant Fox Way, New Caney, TX, 77357 offers $2,922/mo rent that, after a $1,835/mo payment, leaves $256/mo cash flow. Total monthly income is $2,922/mo, and annual cash flow is $3,072/yr on $124,279 cash. Return on cash invested measures 22.38% in year one, and rental yield stands at 9.35% at a $374,900 entry. Equity gained on principal adds $2,419/yr while 5% annual appreciation compounds into $103,578 by year five. Five-year ROI records 117.29% and total cumulative return in cash reaches $145,771. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,922/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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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