








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Spring Branch at 1230 DEEP WATER DR, Spring Branch, TX, 78070 generates $4,284/mo in rent and, after a $2,374/mo payment, leaves $816/mo in cash flow. Total monthly income is $4,284/mo, and annual cash flow is $9,794/yr on $160,778 invested. Return on cash invested sits at 26% in year one, and rental yield is 10.6% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 136.79% and total cumulative return in cash sums $219,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,284/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.50 Acres lot
$N/A/sqft
$225 annually HOA
Neighborhood data shown for ZIP Code: 78070, Spring Branch, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 8,394 (84.2%) |
| Renter Occupied HU | 885 ( 8.9%) |
| Vacant Housing Units | 692 ( 6.9%) |
| Median Home Value | $596,751 |
| Average Home Value | $695,534 |
Residential
9,272
Single Family
8,986
Multi-Family
286
Businesses
618
Date | Event | Price |
|---|---|---|
| 2024-08-10 | Listed for sale | $485,000 |
| 2024-08-09 | Contingent | $485,000 |
| 2024-08-01 | Price change | $485,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2207.55 | -23.44% | $302,803 | 10.00% |
| 2022-08-14 | $2883.43 | -13.19% | $275,275 | 10.00% |
| 2021-08-14 | $3321.71 | 1.84% | $250,250 | 1.62% |



Listed by: Courtney Hoech • Keller Williams Heritage
Mls Name: SABOR
Mls Provider:
Mls ID: #1787992
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.