13006 Tall Spruce DrCypressTX77429
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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 Cypress at 13006 Tall Spruce Dr, Cypress, TX, 77429 uses $114,931 cash to close to unlock $3,726/yr annual cash flow and $310/mo monthly cash flow. Total monthly income runs $2,855/mo, and a $1,697/mo payment keeps the spread at $310/mo. Purchase price stands at $346,700, and rental yield measures 9.88% with $2,855/mo rent. Return on cash invested shows 23.15% in year one, and 5% annual appreciation builds toward $95,787 over five years. Five-year ROI reaches 121.74% and total cumulative return in cash records $139,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,855/mo property income covering a $1,697/mo payment rather than investor’s personal income.
Single Family
Built in 2002
6,381 sqft lot
$N/A/sqft
$79 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77429, Cypress, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,613 (100%) |
| Owner Occupied HU | 25,546 (76.0%) |
| Renter Occupied HU | 7,150 (21.3%) |
| Vacant Housing Units | 917 ( 2.7%) |
| Median Home Value | $371,673 |
| Average Home Value | $405,431 |
Housing Distribution
Address Breakdown
Residential
33,064
Single Family
29,175
Multi-Family
3,889
Businesses
1,782
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