5606 Walnut Point DrKingwoodTX77345
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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 5606 Walnut Point Dr, Kingwood, TX, 77345 priced at $1,049,000 converts $3,680/mo rent into after a $5,134/mo obligation. Total monthly income equals $3,680/mo. Return on cash invested prints 6.8% in year one, and rental yield reads 4.21% against a $1,049,000 entry. Equity gained on principal adds $6,769/yr, while 5% annual appreciation compiles into $289,819 by year five. Five-year ROI reaches 33.75% and total cumulative return in cash sums $114,712. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,680/mo property income covering a $5,134/mo payment, not borrower’s personal income.
Single Family
Built in 1991
0.43 Acres lot
$N/A/sqft
$781 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: Leigh Marcus • RE/MAX Associates Northeast
Mls Name: HAR
Mls Provider:
Mls ID: #58824383
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