919 Lovett CtTomballTX77375
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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 Tomball at 919 Lovett Ct, Tomball, TX, 77375 generates $2,036/mo in rent and, after a $1,028/mo payment, leaves $543/mo in cash flow. Total monthly income is $2,036/mo, and annual cash flow is $6,510/yr on $69,615 invested. Return on cash invested sits at 29.26% in year one, and rental yield is 11.63% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 154.21% and total cumulative return in cash sums $107,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,036/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
5,532 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77375, Tomball, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,379 (100%) |
| Owner Occupied HU | 17,503 (69.0%) |
| Renter Occupied HU | 6,631 (26.1%) |
| Vacant Housing Units | 1,245 ( 4.9%) |
| Median Home Value | $348,167 |
| Average Home Value | $427,152 |
Housing Distribution
Address Breakdown
Residential
26,489
Single Family
20,731
Multi-Family
5,758
Businesses
1,895
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