22402 Forbes Field TrlSpringTX77389
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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 22402 Forbes Field Trl, Spring, TX, 77389 offers a 11.3% rental yield on a $400,000 purchase with $3,768/mo rent. Total monthly income registers $3,768/mo, and a $1,958/mo payment leaves $875/mo available for distribution. Annual cash flow reaches $10,505/yr on $132,600 to close, and return on cash invested stands at 27.83% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 146.71% and total cumulative return in cash at $194,536. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,768/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
6,351 sqft lot
$N/A/sqft
$575 annually 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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Listed by: Terri Lyons • Lyons Key Realty
Mls Name: HAR
Mls Provider:
Mls ID: #64958314
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