2 Padgett RdColdspringTX77331
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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 Coldspring at 2 Padgett Rd, Coldspring, TX, 77331 priced at $124,672 pairs $1,140/mo rent with $254/mo cash flow after a $610/mo payment. Total monthly income equals $1,140/mo, and annual cash flow comes to $3,044/yr on $41,329 invested. Return on cash invested is 27.27% in year one, and rental yield stands at 10.97% on a $124,672 basis. Equity gained on principal adds $804/yr, and 5% annual appreciation accumulates to $34,445 by year five. Five-year ROI measures 143.58% and total cumulative return in cash reaches $59,338. For financing, Ziffy Mortgage’s DSCR program evaluates $1,140/mo property income against a $610/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
5.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77331, Coldspring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,648 (100%) |
| Owner Occupied HU | 2,709 (58.3%) |
| Renter Occupied HU | 463 ( 10.0%) |
| Vacant Housing Units | 1,476 (31.8%) |
| Median Home Value | $273,090 |
| Average Home Value | $402,099 |
Housing Distribution
Address Breakdown
Residential
3,535
Single Family
3,487
Multi-Family
48
Businesses
282
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Listed by: Walter Cole • Coldwell Banker Realty - Lake Conroe/Willis
Mls Name: HAR
Mls Provider:
Mls ID: #39801068
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