11 Cherry Hills DrColdspringTX77331
Nearby investment properties with comparable rents
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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 Coldspring at 11 Cherry Hills Dr, Coldspring, TX, 77331 priced at $135,000 pairs $1,079/mo rent with $119/mo cash flow after a $661/mo payment. Total monthly income equals $1,079/mo, and annual cash flow comes to $1,425/yr on $44,753 invested. Return on cash invested is 23.09% in year one, and rental yield stands at 9.59% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 121.15% and total cumulative return in cash reaches $54,217. For financing, Ziffy Mortgage’s DSCR program evaluates $1,079/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77331, Coldspring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,648 (100%) |
| Owner Occupied HU | 2,709 (58.3%) |
| Renter Occupied HU | 463 ( 10.0%) |
| Vacant Housing Units | 1,476 (31.8%) |
| Median Home Value | $273,090 |
| Average Home Value | $402,099 |
Housing Distribution
Address Breakdown
Residential
3,535
Single Family
3,487
Multi-Family
48
Businesses
282
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Listed by: Lauren Cutchen • CB&A, Realtors
Mls Name: HAR
Mls ID: #77943372