21606 Springhill Grove LnWallerTX77484
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 Waller at 21606 Springhill Grove Ln, Waller, TX, 77484 generates $3,060/mo in rent and, after a $1,305/mo payment, leaves $1,164/mo in cash flow. Total monthly income is $3,060/mo, and annual cash flow is $13,966/yr on $88,411 invested. Return on cash invested sits at 35.71% in year one, and rental yield is 13.77% on a $266,700 entry. Equity gained on principal adds $1,721/yr, while 5% annual appreciation builds toward $73,684 over five years. Five-year ROI reaches 188.76% and total cumulative return in cash sums $166,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,060/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77484, Waller, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 3,507 (63.1%) |
| Renter Occupied HU | 1,528 (27.5%) |
| Vacant Housing Units | 519 ( 9.3%) |
| Median Home Value | $338,828 |
| Average Home Value | $419,791 |
Housing Distribution
Address Breakdown
Residential
5,374
Single Family
4,936
Multi-Family
438
Businesses
511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
