16982 Tranquil LnCat SpringTX78933
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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 Cat Spring at 16982 Tranquil Ln, Cat Spring, TX, 78933 priced at $985,000 pairs $5,998/mo rent with after a $4,821/mo payment. Total monthly income equals $5,998/mo. Return on cash invested is 16.33% in year one, and rental yield stands at 7.31% on a $985,000 basis. Equity gained on principal adds $6,356/yr, and 5% annual appreciation accumulates to $272,137 by year five. Five-year ROI measures 84.85% and total cumulative return in cash reaches $274,978. For financing, Ziffy Mortgage’s DSCR program evaluates $5,998/mo property income against a $4,821/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78933, Cat Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 858 (100%) |
| Owner Occupied HU | 589 (68.6%) |
| Renter Occupied HU | 114 (13.3%) |
| Vacant Housing Units | 155 (18.1%) |
| Median Home Value | $340,865 |
| Average Home Value | $479,312 |
Housing Distribution
Address Breakdown
Residential
741
Single Family
741
Multi-Family
0
Businesses
28
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Listed by: Cari Goeke • Southern District Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #64153820
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