193 Morning Star CirChina SpringTX76633
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 China Spring at 193 Morning Star Cir, China Spring, TX, 76633 priced at $285,000 converts $3,281/mo rent into $1,254/mo cash flow after a $1,395/mo obligation. Total monthly income equals $3,281/mo, and annual cash flow totals $15,051/yr on $94,478 invested. Return on cash invested prints 35.84% in year one, and rental yield reads 13.81% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 189.52% and total cumulative return in cash sums $179,058. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,281/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1985
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76633, China Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 2,158 (83.1%) |
| Renter Occupied HU | 328 (12.6%) |
| Vacant Housing Units | 111 ( 4.3%) |
| Median Home Value | $377,951 |
| Average Home Value | $449,516 |
Housing Distribution
Address Breakdown
Residential
2,249
Single Family
2,249
Multi-Family
0
Businesses
139
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Listed by: Imelda Interino • MV Realty of Texas LLC
Mls Name: NTREIS
Mls ID: #20716886
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.