19 W Canyon Wren CirSpringTX77389
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Spring at 19 W Canyon Wren Cir, Spring, TX, 77389 priced at $839,000 converts $6,876/mo rent into $910/mo cash flow after a $4,106/mo obligation. Total monthly income equals $6,876/mo, and annual cash flow totals $10,923/yr on $276,031 invested. Return on cash invested prints 24.02% in year one, and rental yield reads 9.83% against a $839,000 entry. Equity gained on principal adds $5,414/yr, while 5% annual appreciation compiles into $231,800 by year five. Five-year ROI reaches 126.07% and total cumulative return in cash sums $347,988. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,876/mo property income covering a $4,106/mo payment, not borrower’s personal income.
Single Family
Built in 2011
8,847 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77389, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,120 (100%) |
| Owner Occupied HU | 11,222 (65.5%) |
| Renter Occupied HU | 4,904 (28.6%) |
| Vacant Housing Units | 994 ( 5.8%) |
| Median Home Value | $435,407 |
| Average Home Value | $525,589 |
Housing Distribution
Address Breakdown
Residential
16,873
Single Family
13,822
Multi-Family
3,051
Businesses
535
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Listed by: Eve Kneller • Keller Williams Realty The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #69084924
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