22302 Spring Crossing DrSpringTX77373
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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 22302 Spring Crossing Dr, Spring, TX, 77373 generates $2,969/mo in rent and, after a $1,576/mo payment, leaves $579/mo in cash flow. Total monthly income is $2,969/mo, and annual cash flow is $6,953/yr on $106,710 invested. Return on cash invested sits at 26.43% in year one, and rental yield is 11.07% on a $321,900 entry. Equity gained on principal adds $2,077/yr, while 5% annual appreciation builds toward $88,935 over five years. Five-year ROI reaches 139.42% and total cumulative return in cash sums $148,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,969/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
6,185 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77373, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,265 (100%) |
| Owner Occupied HU | 18,365 (69.9%) |
| Renter Occupied HU | 6,633 (25.3%) |
| Vacant Housing Units | 1,267 ( 4.8%) |
| Median Home Value | $258,193 |
| Average Home Value | $296,393 |
Housing Distribution
Address Breakdown
Residential
25,827
Single Family
23,355
Multi-Family
2,472
Businesses
998
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