








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 Cypress at 15306 Spanish Ranchos Ways, Cypress, TX, 77433 generates $3,308/mo in rent and, after a $2,080/mo payment, leaves $183/mo in cash flow. Total monthly income is $3,308/mo, and annual cash flow is $2,196/yr on $140,888 invested. Return on cash invested sits at 21.47% in year one, and rental yield is 9.34% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 112.72% and total cumulative return in cash sums $158,813. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,308/mo property income rather than buyer’s personal income.
Townhouse
Built in 2023
4,954 sqft lot
$N/A/sqft
$1,235 annually HOA
Neighborhood data shown for ZIP Code: 77433, Cypress, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,531 (100%) |
| Owner Occupied HU | 35,404 (77.8%) |
| Renter Occupied HU | 7,715 (16.9%) |
| Vacant Housing Units | 2,412 ( 5.3%) |
| Median Home Value | $399,699 |
| Average Home Value | $445,853 |
Residential
41,894
Single Family
37,471
Multi-Family
4,423
Businesses
1,679
Date | Event | Price |
|---|---|---|
| 2024-11-16 | Listed for sale | $425,000 |
| 2024-11-12 | Listing removed | $425,000 |
| 2024-08-01 | Price change | $435,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2455.94 | 17.18% | $394,880 | 29.45% |
| 2023-02-13 | $2095.84 | N/A | $305,051 | 583.97% |
| 2022-02-13 | N/A | N/A | $44,600 | N/A |



Listed by: Karen Sumner • Keller Williams Realty Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #28004375
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