1000 Spring Loop APT 1607College StationTX77840
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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 College Station at 1000 Spring Loop APT 1607, College Station, TX, 77840 generates $1,914/mo in rent and, after a $1,174/mo payment, leaves $208/mo in cash flow. Total monthly income is $1,914/mo, and annual cash flow is $2,499/yr on $79,527 invested. Return on cash invested sits at 23.05% in year one, and rental yield is 9.57% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 120.93% and total cumulative return in cash sums $96,175. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,914/mo property income rather than buyer’s personal income.
Condo
Built in 2008
2,495 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77840, College Station, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,002 (100%) |
| Owner Occupied HU | 2,203 ( 8.2%) |
| Renter Occupied HU | 20,140 (74.6%) |
| Vacant Housing Units | 4,659 (17.3%) |
| Median Home Value | $310,088 |
| Average Home Value | $383,790 |
Housing Distribution
Address Breakdown
Residential
16,688
Single Family
8,386
Multi-Family
8,302
Businesses
1,194
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Listed by: Hank Remschel • SRA Strategic Realty Advisors
Mls Name: BCSMLS
Mls ID: #25010768