22 Hedgedale WaySpringTX77389
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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
Total monthly income runs $6,961/mo, and a $6,450/mo payment. Purchase price stands at $1,317,900, and rental yield measures 6.34% with $6,961/mo rent. Return on cash invested shows 13.6% in year one, and 5% annual appreciation builds toward $364,111 over five years. Five-year ROI reaches 70.13% and total cumulative return in cash records $299,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,961/mo property income covering a $6,450/mo payment rather than investor’s personal income.
Single Family
Built in 2017
0.28 Acres 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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