10 Marin Creek PlSpringTX77389
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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 Spring at 10 Marin Creek Pl, Spring, TX, 77389 generates $9,420/mo in rent, after a $8,953/mo payment. Total monthly income is $9,420/mo. Return on cash invested sits at 12.3% in year one, and rental yield is 6.18% on a $1,829,100 entry. Equity gained on principal adds $11,803/yr, while 5% annual appreciation builds toward $505,347 over five years. Five-year ROI reaches 63.49% and total cumulative return in cash sums $376,263. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,420/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
0.28 Acres lot
$N/A/sqft
$396 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77389, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,120 (100%) |
| Owner Occupied HU | 11,222 (65.5%) |
| Renter Occupied HU | 4,904 (28.6%) |
| Vacant Housing Units | 994 ( 5.8%) |
| Median Home Value | $435,407 |
| Average Home Value | $525,589 |
Housing Distribution
Address Breakdown
Residential
16,873
Single Family
13,822
Multi-Family
3,051
Businesses
535
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