Hemlock II Harrington Tr Plan, Harrington TrailsNew CaneyTX77357
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Nearby investment properties with comparable prices
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 Hemlock II Harrington Tr Plan, Harrington Trails, New Caney, TX, 77357 priced at $399,990 converts $3,600/mo rent into $755/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,600/mo, and annual cash flow totals $9,064/yr on $132,597 invested. Return on cash invested prints 26.74% in year one, and rental yield reads 10.8% against a $399,990 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,510 by year five. Five-year ROI reaches 140.72% and total cumulative return in cash sums $186,589. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,600/mo property income covering a $1,958/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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