162 CANYON VWSpring 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
Rental property for sale in Spring Branch at 162 CANYON VW, Spring Branch, TX, 78070 priced at $385,000 pairs $2,266/mo rent with after a $1,884/mo payment. Total monthly income equals $2,266/mo. Return on cash invested is 15.48% in year one, and rental yield stands at 7.06% on a $385,000 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,368 by year five. Five-year ROI measures 80.28% and total cumulative return in cash reaches $102,454. For financing, Ziffy Mortgage’s DSCR program evaluates $2,266/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.58 Acres 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: John Wilkins • Redbird Realty LLC
Mls Name: LERA MLS
Mls ID: #1931422