156 RemingtonSpring BranchTX78070
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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 Spring Branch at 156 Remington, Spring Branch, TX, 78070 with 5% annual appreciation on a $289,900 basis while $2,267/mo rent supports operations. Total monthly income totals $2,267/mo and a $1,419/mo payment preserves $205/mo for cash returns. Annual cash flow comes to $2,465/yr on $96,102 deployed, and return on cash invested reaches 22.47% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,094 alongside rental yield of 9.38%. Five-year ROI measures 117.81% and total cumulative return in cash totals $113,217.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,267/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78070, Spring Branch, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,272
Single Family
8,986
Multi-Family
286
Businesses
618
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Listed by: Jeffrey Robillard • Newfound Real Estate
Mls Name: LERA MLS
Mls ID: #1932189