16618 Aldenham PlSpringTX77379
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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 at 16618 Aldenham Pl, Spring, TX, 77379 generates $3,528/mo in rent and, after a $1,370/mo payment, leaves $1,484/mo in cash flow. Total monthly income is $3,528/mo, and annual cash flow is $17,803/yr on $92,787 invested. Return on cash invested sits at 39.1% in year one, and rental yield is 15.13% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 207.2% and total cumulative return in cash sums $192,253. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,528/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
10,000 sqft lot
$N/A/sqft
$54 monthly 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
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