31703 Snapdragon Glen TrlHockleyTX77447
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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 Hockley at 31703 Snapdragon Glen Trl, Hockley, TX, 77447 listed at $469,990 pairs $3,455/mo rent with a $2,300/mo payment to leave $30/mo cash flow. Total monthly income runs $3,455/mo, and annual cash flow reaches $358/yr on $155,802 cash to close. Return on cash invested measures 20.14% in year one, and rental yield registers 8.82% at a $469,990 basis. Equity gained on principal adds $3,033/yr, and annual property appreciation at 5% supports $129,850 by year five. Five-year ROI tracks 105.51% and total cumulative return in cash totals $164,394. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,455/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.29 Acres lot
$N/A/sqft
$1,000 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,781
Single Family
10,781
Multi-Family
0
Businesses
309
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Listed by: Jared Turner • Coventry Homes
Mls Name: HAR
Mls Provider:
Mls ID: #41036858
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