404 Emory Peak LnNew CaneyTX77357
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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 New Caney at 404 Emory Peak Ln, New Caney, TX, 77357 priced at $412,490 converts $3,205/mo rent into $197/mo cash flow after a $2,019/mo obligation. Total monthly income equals $3,205/mo, and annual cash flow totals $2,360/yr on $136,740 invested. Return on cash invested prints 21.63% in year one, and rental yield reads 9.32% against a $412,490 entry. Equity gained on principal adds $2,662/yr, while 5% annual appreciation compiles into $113,963 by year five. Five-year ROI reaches 113.54% and total cumulative return in cash sums $155,257. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,205/mo property income covering a $2,019/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,508 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77357, New Caney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,646 (100%) |
| Owner Occupied HU | 12,426 (74.6%) |
| Renter Occupied HU | 2,795 (16.8%) |
| Vacant Housing Units | 1,425 ( 8.6%) |
| Median Home Value | $324,310 |
| Average Home Value | $342,586 |
Housing Distribution
Address Breakdown
Residential
15,078
Single Family
14,889
Multi-Family
189
Businesses
691
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Listed by: Jared Turner • Chesmar Homes
Mls Name: HAR
Mls Provider:
Mls ID: #75094043
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