3211 Ricewood DrPorterTX77365
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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 Porter at 3211 Ricewood Dr, Porter, TX, 77365 generates $2,364/mo in rent and, after a $1,057/mo payment, leaves $782/mo in cash flow. Total monthly income is $2,364/mo, and annual cash flow is $9,389/yr on $71,571 invested. Return on cash invested sits at 33.03% in year one, and rental yield is 13.14% on a $215,900 entry. Equity gained on principal adds $1,393/yr, while 5% annual appreciation builds toward $59,649 over five years. Five-year ROI reaches 174.72% and total cumulative return in cash sums $125,048. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,364/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
8,954 sqft lot
$N/A/sqft
$46 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77365, Porter, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,096 (100%) |
| Owner Occupied HU | 13,667 (71.6%) |
| Renter Occupied HU | 4,269 (22.4%) |
| Vacant Housing Units | 1,160 ( 6.1%) |
| Median Home Value | $324,501 |
| Average Home Value | $369,441 |
Housing Distribution
Address Breakdown
Residential
18,075
Single Family
16,452
Multi-Family
1,623
Businesses
850
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