Garwood Plan, EllerdenTomballTX77377
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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 Garwood Plan, Ellerden, Tomball, TX, 77377 priced at $463,990 converts $3,880/mo rent into $580/mo cash flow after a $2,271/mo obligation. Total monthly income equals $3,880/mo, and annual cash flow totals $6,966/yr on $153,813 invested. Return on cash invested prints 24.44% in year one, and rental yield reads 10.03% against a $463,990 entry. Equity gained on principal adds $2,994/yr, while 5% annual appreciation compiles into $128,192 by year five. Five-year ROI reaches 128.34% and total cumulative return in cash sums $197,406. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,880/mo property income covering a $2,271/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: 77377, Tomball, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,354 (100%) |
| Owner Occupied HU | 12,899 (74.3%) |
| Renter Occupied HU | 3,384 (19.5%) |
| Vacant Housing Units | 1,071 ( 6.2%) |
| Median Home Value | $383,186 |
| Average Home Value | $457,914 |
Housing Distribution
Address Breakdown
Residential
15,635
Single Family
14,343
Multi-Family
1,292
Businesses
1,368
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