22 Sawmill Grove LnSpringTX77380
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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
Investment property for sale in Spring at 22 Sawmill Grove Ln, Spring, TX, 77380 at $249,800 posts ROI 41.64% with $1,499/mo cash flow from $3,276/mo rent. Total monthly income equals $3,276/mo, and annual cash flow records $17,991/yr on $82,809 to close. Return on cash invested measures 41.64% and rental yield reads 15.74% at the current $249,800. Equity gained on principal adds $1,612/yr, and 5% annual appreciation supports $69,015 by year five. Five-year ROI prints 220.59% and total cumulative return in cash totals $182,671.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,276/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77380, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,139 (100%) |
| Owner Occupied HU | 5,064 (31.4%) |
| Renter Occupied HU | 9,258 (57.4%) |
| Vacant Housing Units | 1,817 (11.3%) |
| Median Home Value | $480,318 |
| Average Home Value | $609,099 |
Housing Distribution
Address Breakdown
Residential
15,423
Single Family
7,374
Multi-Family
8,049
Businesses
2,755
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