11820 S Red Cedar CirSpringTX77380
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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
Investment property for sale in Spring at 11820 S Red Cedar Cir, Spring, TX, 77380 earns from $2,578/mo rent with a $1,799/mo payment. Total monthly income totals $2,578/mo. ROI tracks 19.56% on current figures, and rental yield reads 8.42% at a $367,500 purchase. Equity gained on principal adds $2,371/yr, and 5% annual appreciation supports $101,533 over five years. Five-year ROI reaches 102.18% and total cumulative return in cash sums $124,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,578/mo property income instead of your personal income.
Single Family
Built in 1975
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77380, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,139 (100%) |
| Owner Occupied HU | 5,064 (31.4%) |
| Renter Occupied HU | 9,258 (57.4%) |
| Vacant Housing Units | 1,817 (11.3%) |
| Median Home Value | $480,318 |
| Average Home Value | $609,099 |
Housing Distribution
Address Breakdown
Residential
15,423
Single Family
7,374
Multi-Family
8,049
Businesses
2,755
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Listed by: Jennifer Puls • Greenwood King Properties - Heights Office
Mls Name: HAR
Mls Provider:
Mls ID: #51470991
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