13815 Turning Spring LnHoustonTX77044
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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 Houston at 13815 Turning Spring Ln, Houston, TX, 77044 with 5% annual appreciation on a $405,000 basis while $3,286/mo rent supports operations. Total monthly income totals $3,286/mo and a $1,982/mo payment preserves $329/mo for cash returns. Annual cash flow comes to $3,949/yr on $134,258 deployed, and return on cash invested reaches 22.85% in year one. Equity gained on principal adds $2,613/yr, and five-year appreciation sums $111,894 alongside rental yield of 9.74%. Five-year ROI measures 120.1% and total cumulative return in cash totals $161,246.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,286/mo property income versus a $1,982/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
7,431 sqft lot
$N/A/sqft
$926 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77044, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,104 (100%) |
| Owner Occupied HU | 14,332 (71.3%) |
| Renter Occupied HU | 4,865 (24.2%) |
| Vacant Housing Units | 907 ( 4.5%) |
| Median Home Value | $310,214 |
| Average Home Value | $341,856 |
Housing Distribution
Address Breakdown
Residential
19,641
Single Family
17,196
Multi-Family
2,445
Businesses
525
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Listed by: Emily Lopez • Near Town Properties
Mls Name: HAR
Mls Provider:
Mls ID: #14963945
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