3634 Mill Bridge WayKingwoodTX77345
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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 Kingwood at 3634 Mill Bridge Way, Kingwood, TX, 77345 offers $2,826/mo rent that, after a $1,443/mo payment, leaves $693/mo cash flow. Total monthly income is $2,826/mo, and annual cash flow is $8,312/yr on $97,759 cash. Return on cash invested measures 28.41% in year one, and rental yield stands at 11.5% at a $294,900 entry. Equity gained on principal adds $1,903/yr while 5% annual appreciation compounds into $81,475 by year five. Five-year ROI records 149.81% and total cumulative return in cash reaches $146,455. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,826/mo property income versus a $1,443/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
7,496 sqft lot
$N/A/sqft
$440 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77345, Humble, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,429 (100%) |
| Owner Occupied HU | 8,026 (85.1%) |
| Renter Occupied HU | 1,093 (11.6%) |
| Vacant Housing Units | 310 ( 3.3%) |
| Median Home Value | $375,599 |
| Average Home Value | $423,057 |
Housing Distribution
Address Breakdown
Residential
9,848
Single Family
8,854
Multi-Family
994
Businesses
137
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Listed by: Melissa Menindez • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #44056333
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