31015 Newcomb Landing LnWallerTX77484
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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 Waller at 31015 Newcomb Landing Ln, Waller, TX, 77484 uses $114,364 cash to close to unlock $603/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $2,604/mo, and a $1,689/mo payment keeps the spread at $50/mo. Purchase price stands at $344,990, and rental yield measures 9.06% with $2,604/mo rent. Return on cash invested shows 20.44% in year one, and 5% annual appreciation builds toward $95,314 over five years. Five-year ROI reaches 107.28% and total cumulative return in cash records $122,689. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,604/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,703 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77484, Waller, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 3,507 (63.1%) |
| Renter Occupied HU | 1,528 (27.5%) |
| Vacant Housing Units | 519 ( 9.3%) |
| Median Home Value | $338,828 |
| Average Home Value | $419,791 |
Housing Distribution
Address Breakdown
Residential
5,374
Single Family
4,936
Multi-Family
438
Businesses
511
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Listed by: Heather Chavana • M/I Homes
Mls Name: HAR
Mls Provider:
Mls ID: #7658259
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