709 Turner Cove CtLa PorteTX77571
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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 La Porte at 709 Turner Cove Ct, La Porte, TX, 77571 priced at $540,000 pairs $4,830/mo rent with $907/mo cash flow after a $2,643/mo payment. Total monthly income equals $4,830/mo, and annual cash flow comes to $10,880/yr on $177,660 invested. Return on cash invested is 26.18% in year one, and rental yield stands at 10.73% on a $540,000 basis. Equity gained on principal adds $3,485/yr, and 5% annual appreciation accumulates to $149,192 by year five. Five-year ROI measures 137.89% and total cumulative return in cash reaches $244,970. For financing, Ziffy Mortgage’s DSCR program evaluates $4,830/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
8,855 sqft lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77571, La Porte, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,032 (100%) |
| Owner Occupied HU | 10,813 (67.4%) |
| Renter Occupied HU | 4,126 (25.7%) |
| Vacant Housing Units | 1,093 ( 6.8%) |
| Median Home Value | $266,608 |
| Average Home Value | $313,695 |
Housing Distribution
Address Breakdown
Residential
15,236
Single Family
12,840
Multi-Family
2,396
Businesses
1,081
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Listed by: Byanca Vazquez • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #69727767
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