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 Branch at 196 ALGERITA LN, Spring Branch, TX, 78070 offers $2,968/mo rent that, after a $2,031/mo payment, leaves $17/mo cash flow. Total monthly income is $2,968/mo, and annual cash flow is $205/yr on $137,572 cash. Return on cash invested measures 20.06% in year one, and rental yield stands at 8.58% at a $414,999 entry. Equity gained on principal adds $2,678/yr while 5% annual appreciation compounds into $114,657 by year five. Five-year ROI records 104.88% and total cumulative return in cash reaches $144,285. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,968/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78070, Spring Branch, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 8,394 (84.2%) |
| Renter Occupied HU | 885 ( 8.9%) |
| Vacant Housing Units | 692 ( 6.9%) |
| Median Home Value | $596,751 |
| Average Home Value | $695,534 |
Residential
9,272
Single Family
8,986
Multi-Family
286
Businesses
618
Date | Event | Price |
|---|---|---|
| 2024-10-22 | Listed for sale | $414,999 |
| 2024-08-16 | Listing removed | $419,999 |
| 2024-08-05 | Price change | $419,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $85,050 | 0.93% |
| 2023-12-27 | $1424.87 | -9.12% | $84,270 | N/A |
| 2022-12-27 | $1567.87 | 75.86% | $84,270 | 84.96% |
Listed by: Lizzeth Carreon • LPT Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1817804
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.
