22303 Acorn Chase DrSpringTX77389
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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 22303 Acorn Chase Dr, Spring, TX, 77389 uses $71,272 cash to close to unlock $173/yr annual cash flow and $14/mo monthly cash flow. Total monthly income runs $1,543/mo, and a $1,052/mo payment keeps the spread at $14/mo. Purchase price stands at $214,999, and rental yield measures 8.61% with $1,543/mo rent. Return on cash invested shows 20.15% in year one, and 5% annual appreciation builds toward $59,400 over five years. Five-year ROI reaches 105.4% and total cumulative return in cash records $75,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,543/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1978
8,250 sqft 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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