1620 Green MeadowSpring 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 1620 Green Meadow, Spring Branch, TX, 78070 earns from $2,440/mo rent with a $1,933/mo payment. Total monthly income totals $2,440/mo. ROI tracks 16.5% on current figures, and rental yield reads 7.41% at a $394,900 purchase. Equity gained on principal adds $2,548/yr, and 5% annual appreciation supports $109,104 over five years. Five-year ROI reaches 85.76% and total cumulative return in cash sums $112,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,440/mo property income instead of your personal income.
Single Family
Built in 2002
0.65 Acres lot
$N/A/sqft
$48 annually 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: Michael Ashmore • Reliance Residential Realty -
Mls Name: SABOR
Mls Provider:
Mls ID: #1830454
Disclaimer: IDX information is provided exclusively for 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.