18418 Forest Elms DrSpringTX77388
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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 18418 Forest Elms Dr, Spring, TX, 77388 listed at $447,000 pairs $4,115/mo rent with a $2,188/mo payment to leave $887/mo cash flow. Total monthly income runs $4,115/mo, and annual cash flow reaches $10,645/yr on $148,181 cash to close. Return on cash invested measures 27.09% in year one, and rental yield registers 11.05% at a $447,000 basis. Equity gained on principal adds $2,884/yr, and annual property appreciation at 5% supports $123,498 by year five. Five-year ROI tracks 142.74% and total cumulative return in cash totals $211,512. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,115/mo property income relative to a $2,188/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
9,361 sqft lot
$N/A/sqft
$589 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77388, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,715 (100%) |
| Owner Occupied HU | 13,203 (60.8%) |
| Renter Occupied HU | 6,603 (30.4%) |
| Vacant Housing Units | 1,909 ( 8.8%) |
| Median Home Value | $297,472 |
| Average Home Value | $332,880 |
Housing Distribution
Address Breakdown
Residential
19,371
Single Family
15,697
Multi-Family
3,674
Businesses
1,160
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Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #86692124
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