7020 Northpointe Ct, The Colony, TX, 75056 | $1,071/mo Cash Flow

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7020 Northpointe Ct, The Colony, TX, 75056 | $1,071/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in The Colony at 7020 Northpointe Ct, The Colony, TX, 75056 earns $1,071/mo cash flow from $4,164/mo rent with a $2,129/mo payment. Total monthly income totals $4,164/mo, and annual cash flow totals $12,849/yr on $144,199 capital. ROI tracks 28.82% on current figures, and rental yield reads 11.49% at a $434,990 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,180 over five years. Five-year ROI reaches 151.84% and total cumulative return in cash sums $218,949. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,164/mo property income instead of your personal income.

Single Family

Built in 1988

10,541 sqft lot

$N/A/sqft

No HOA

More details about the property

Pride of ownership shines in this beloved Northpointe home, set on one of the best cul-de-sac lots in the neighborhood with unbeatable curb appeal! With over 2,300 square feet, its made for entertaining. Featuring indoor outdoor living opportunities with a sparkling pool, media room, and a charming screened in She Shed. The layout offers generous living space, natural flow, and room for everyone! Details like the craftsman style front door, bay window, see-through brick fireplace with raised hearth , and screened lanai add so much charm and character! The large back yard is what dreams of homeownership are made of; fully fenced and offers plenty of room for play, grilling and lazy summer days in the sparkling pool with relaxing Waterfall detail! There is an existing gas line to add hot tub or heater for the pool. The kitchen invites large holiday gatherings with it's large island and eat in kitchen! Windows were all replaced with high efficiency windows in 2021! New acrylic shower in the primary suite! All bedrooms have veiling fans! Soaring ceilings with beautiful light from the abundant windows. Extra long parking pad can accommodate a boat or trailer and don't miss the large Shed Workshop space in the back yard to house garden tools, lawn mowers, toys ect! While some finishes may reflect a different era, the homes thoughtful design create the perfect opportunity to personalize over time. LOCATION is incredible...minutes from Grand Scape, all the restaurants and shopping! A rare chance to own a standout property in a sought-after location; full of warmth, potential, and possibilities!

Neighborhood Data

Neighborhood data shown for ZIP Code: 75056, The Colony, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	32,083 (100%)
Owner Occupied HU	16,441 (51.2%)
Renter Occupied HU	13,404 (41.8%)
Vacant Housing Units	2,238 ( 7.0%)
Median Home Value	$488,651
Average Home Value	$527,353