Cypress II Plan, Harrington Trails at the Canopies Cornerstone I SeriesNew 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 Cypress II Plan, Harrington Trails at the Canopies Cornerstone I Series, New Caney, TX, 77357 priced at $396,990 converts $3,350/mo rent into $527/mo cash flow after a $1,943/mo obligation. Total monthly income equals $3,350/mo, and annual cash flow totals $6,324/yr on $131,602 invested. Return on cash invested prints 24.71% in year one, and rental yield reads 10.13% against a $396,990 entry. Equity gained on principal adds $2,562/yr, while 5% annual appreciation compiles into $109,681 by year five. Five-year ROI reaches 129.85% and total cumulative return in cash sums $170,887. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,350/mo property income covering a $1,943/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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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