17230 Oakwood Chase DrSpringTX77379
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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 17230 Oakwood Chase Dr, Spring, TX, 77379 uses $82,875 cash to close to unlock $6,370/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $2,309/mo, and a $1,224/mo payment keeps the spread at $531/mo. Purchase price stands at $249,999, and rental yield measures 11.08% with $2,309/mo rent. Return on cash invested shows 27.6% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 145.27% and total cumulative return in cash records $120,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,309/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Multi Family
Built in 2005
2,940 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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Listed by: David Duarte • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #82995326
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