32039 Splendor DrFulshearTX77441
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fulshear at 32039 Splendor Dr, Fulshear, TX, 77441 offers a 11.22% rental yield on a $397,990 purchase with $3,720/mo rent. Total monthly income registers $3,720/mo, and a $1,948/mo payment leaves $835/mo available for distribution. Annual cash flow reaches $10,017/yr on $131,934 to close, and return on cash invested stands at 27.5% in year one. Equity gained on principal adds $2,568/yr while 5% annual appreciation supports $109,957 over five years. Portfolio math shows five-year ROI at 144.94% and total cumulative return in cash at $191,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,720/mo property income against a $1,948/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,692 sqft lot
$N/A/sqft
$660 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77441, Fulshear, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,108 (100%) |
| Owner Occupied HU | 11,017 (84.0%) |
| Renter Occupied HU | 1,238 ( 9.4%) |
| Vacant Housing Units | 853 ( 6.5%) |
| Median Home Value | $590,317 |
| Average Home Value | $618,723 |
Housing Distribution
Address Breakdown
Residential
11,368
Single Family
10,639
Multi-Family
729
Businesses
493
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Chavana • M/I Homes
Mls Name: HAR
Mls Provider:
Mls ID: #71471329
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.