308 Pecos DrHuntsvilleTX77340
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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 Huntsville at 308 Pecos Dr, Huntsville, TX, 77340 uses $76,411 cash to close to unlock $5,809/yr annual cash flow and $484/mo monthly cash flow. Total monthly income runs $2,123/mo, and a $1,128/mo payment keeps the spread at $484/mo. Purchase price stands at $230,500, and rental yield measures 11.05% with $2,123/mo rent. Return on cash invested shows 27.51% in year one, and 5% annual appreciation builds toward $63,683 over five years. Five-year ROI reaches 144.87% and total cumulative return in cash records $110,696. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,123/mo property income covering a $1,128/mo payment rather than investor’s personal income.
Single Family
Built in 2022
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77340, Huntsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,270 (100%) |
| Owner Occupied HU | 5,796 (35.6%) |
| Renter Occupied HU | 8,310 (51.1%) |
| Vacant Housing Units | 2,164 (13.3%) |
| Median Home Value | $254,496 |
| Average Home Value | $285,692 |
Housing Distribution
Address Breakdown
Residential
14,492
Single Family
8,554
Multi-Family
5,938
Businesses
1,172
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Listed by: Terri Coleman • Coldwell Banker Realty - Lake Conroe/Willis
Mls Name: HAR
Mls ID: #71088049