16318 Cobble Springs Ct, Sugar Land, TX, 77498 | $16/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

16318 Cobble Springs Ct, Sugar Land, TX, 77498 | $16/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
2268 sft

715 Tyler Run, Sugar Land, TX, 77479

3 Bed
3 Bath
2033 sft

2519 Country Place Dr, Richmond, TX, 77406

3 Bed
3 Bath
2379 sft

2307 Pleasant Shade Ct, Richmond, TX, 77406

4 Bed
2 Bath
2565 sft

21943 Rustic Canyon Ln, Richmond, TX, 77469

Nearby investment properties with comparable prices

4 Bed
4 Bath
2964 sft

2203 Landscape Way, Richmond, TX, 77406

4 Bed
2 Bath
2472 sft

13707 Contour Ct, Richmond, TX, 77407

4 Bed
3 Bath
2336 sft

4619 Zachary Ln, Sugar Land, TX, 77479

4 Bed
3 Bath
2583 sft

3703 Butterfly Breeze Ln, Richmond, TX, 77406

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Sugar Land at 16318 Cobble Springs Ct, Sugar Land, TX, 77498 generates $3,109/mo in rent and, after a $2,129/mo payment, leaves $16/mo in cash flow. Total monthly income is $3,109/mo, and annual cash flow is $189/yr on $144,203 invested. Return on cash invested sits at 20.04% in year one, and rental yield is 8.58% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 104.75% and total cumulative return in cash sums $151,056. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,109/mo property income rather than buyer’s personal income.

Single Family

Built in 1991

7,169 sqft lot

$N/A/sqft

No HOA

More details about the property

Thoughtfully well-maintained 5-bed, 3.5-bath home in the highly desirable Village of Oak Lake. The spacious primary suite offers a spa-like retreat with a jacuzzi tub, double sinks, and separate shower. A large formal dining and sitting area welcome you at the entry. The kitchen features ample cabinet and counter space, opening to a bright breakfast area and living room with abundant natural light overlooking the fully fenced backyard and patio. Major upgrades include PEX plumbing conversion ($20k), covered outdoor kitchen with gas stove, sink, tile, hardy plank, fan, exhaust, and cabinetry ($25k), no carpettile and laminate throughout, full-home gutter guards, upgraded upstairs walk-in shower, updated lighting, and new AC ductwork. HVAC units replaced in 2002 and 2001. LG top-of-the-line washer and dryer stay. Zoned to FBISD with low 1.94% tax rate and low HOA. Prime location near top dining, shopping, and easy access to Hwy 6, Hwy 90, US-59, and Grand Parkway. Great curb appeal.