16120 Stuebner Airline Rd APT 502SpringTX77379
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
Investment property for sale in Spring at 16120 Stuebner Airline Rd APT 502, Spring, TX, 77379 uses $43,062 cash to close to unlock $709/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $983/mo, and a $636/mo payment keeps the spread at $59/mo. Purchase price stands at $129,900, and rental yield measures 9.08% with $983/mo rent. Return on cash invested shows 21.55% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 112.99% and total cumulative return in cash records $48,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $983/mo property income covering a $636/mo payment rather than investor’s personal income.
Townhouse
Built in 1980
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77379, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,204 (100%) |
| Owner Occupied HU | 22,558 (67.9%) |
| Renter Occupied HU | 8,869 (26.7%) |
| Vacant Housing Units | 1,777 ( 5.4%) |
| Median Home Value | $356,303 |
| Average Home Value | $400,335 |
Housing Distribution
Address Breakdown
Residential
31,197
Single Family
25,921
Multi-Family
5,276
Businesses
1,837
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices