16431 Spinnaker DrCrosbyTX77532
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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 Crosby at 16431 Spinnaker Dr, Crosby, TX, 77532 generates $3,701/mo in rent and, after a $1,855/mo payment, leaves $941/mo in cash flow. Total monthly income is $3,701/mo, and annual cash flow is $11,291/yr on $125,639 invested. Return on cash invested sits at 28.9% in year one, and rental yield is 11.72% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 152.46% and total cumulative return in cash sums $191,555. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,701/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.45 Acres lot
$N/A/sqft
$65 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77532, Crosby, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,959 (100%) |
| Owner Occupied HU | 10,830 (77.6%) |
| Renter Occupied HU | 2,376 (17.0%) |
| Vacant Housing Units | 753 ( 5.4%) |
| Median Home Value | $295,326 |
| Average Home Value | $329,899 |
Housing Distribution
Address Breakdown
Residential
13,454
Single Family
13,004
Multi-Family
450
Businesses
669
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Listed by: Shalyn Stickler • Real Broker, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #18566144
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