Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Spring at 17722 Mellow Ridge Dr, Spring, TX, 77379 generates $2,209/mo in rent and, after a $1,204/mo payment, leaves $407/mo in cash flow. Total monthly income is $2,209/mo, and annual cash flow is $4,888/yr on $81,516 invested. Return on cash invested sits at 25.91% in year one, and rental yield is 10.78% on a $245,900 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation builds toward $67,938 over five years. Five-year ROI reaches 136.52% and total cumulative return in cash sums $111,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,209/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
6,926 sqft lot
$N/A/sqft
$38 monthly HOA
Neighborhood data shown for ZIP Code: 77379, Spring, TX area.
| 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 |
Residential
31,197
Single Family
25,921
Multi-Family
5,276
Businesses
1,837
Date | Event | Price |
|---|---|---|
| 2025-05-15 | Pending sale | $248,500 |
| 2025-05-05 | Listed for sale | $248,500 |
| 2020-07-01 | Listing removed | $1,550 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $4257.66 | 0.93% | $259,747 | -3.07% |
| 2023-10-14 | $4218.61 | 0.64% | $267,962 | 8.75% |
| 2022-10-14 | $4191.91 | N/A | $246,394 | 39.04% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
