16807 Goodfield CtSpringTX77379
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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 at 16807 Goodfield Ct, Spring, TX, 77379 uses $100,776 cash to close to unlock $4,526/yr annual cash flow and $377/mo monthly cash flow. Total monthly income runs $2,539/mo, and a $1,488/mo payment keeps the spread at $377/mo. Purchase price stands at $304,000, and rental yield measures 10.02% with $2,539/mo rent. Return on cash invested shows 24.4% in year one, and 5% annual appreciation builds toward $83,990 over five years. Five-year ROI reaches 128.18% and total cumulative return in cash records $129,176. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,539/mo property income covering a $1,488/mo payment rather than investor’s personal income.
Single Family
Built in 1990
6,629 sqft lot
$N/A/sqft
No 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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