14942 Spring Lake DrHoustonTX77070
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Houston at 14942 Spring Lake Dr, Houston, TX, 77070 generates $2,410/mo in rent and, after a $1,467/mo payment, leaves $244/mo in cash flow. Total monthly income is $2,410/mo, and annual cash flow is $2,927/yr on $99,367 invested. Return on cash invested sits at 22.85% in year one, and rental yield is 9.65% on a $299,750 entry. Equity gained on principal adds $1,934/yr, while 5% annual appreciation builds toward $82,815 over five years. Five-year ROI reaches 120% and total cumulative return in cash sums $119,237. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,410/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
7,200 sqft lot
$N/A/sqft
$416 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77070, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,485 (100%) |
| Owner Occupied HU | 10,944 (44.7%) |
| Renter Occupied HU | 11,655 (47.6%) |
| Vacant Housing Units | 1,886 ( 7.7%) |
| Median Home Value | $303,431 |
| Average Home Value | $367,052 |
Housing Distribution
Address Breakdown
Residential
23,896
Single Family
12,639
Multi-Family
11,257
Businesses
2,542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenneth Kottwitz • Bernstein Realty
Mls Name: HAR
Mls Provider:
Mls ID: #85279802
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.