2226 W Settlers WaySpringTX77380
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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
Rental property for sale in Spring at 2226 W Settlers Way, Spring, TX, 77380 priced at $314,444 converts $2,615/mo rent into $171/mo cash flow after a $1,539/mo obligation. Total monthly income equals $2,615/mo, and annual cash flow totals $2,052/yr on $104,238 invested. Return on cash invested prints 21.88% in year one, and rental yield reads 9.98% against a $314,444 entry. Equity gained on principal adds $2,029/yr, while 5% annual appreciation compiles into $86,875 by year five. Five-year ROI reaches 115.47% and total cumulative return in cash sums $120,359. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,615/mo property income covering a $1,539/mo payment, not borrower’s personal income.
Townhouse
Built in 1975
2,217 sqft lot
$N/A/sqft
$208 monthly 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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Listed by: Julie Pflueger • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #86227977
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