226 Black Forest DrSpringTX77388
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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 226 Black Forest Dr, Spring, TX, 77388 priced at $349,000 converts $4,168/mo rent into $1,666/mo cash flow after a $1,708/mo obligation. Total monthly income equals $4,168/mo, and annual cash flow totals $19,987/yr on $115,694 invested. Return on cash invested prints 37.18% in year one, and rental yield reads 14.33% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 196.78% and total cumulative return in cash sums $227,664. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,168/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1969
10,454 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77388, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,715 (100%) |
| Owner Occupied HU | 13,203 (60.8%) |
| Renter Occupied HU | 6,603 (30.4%) |
| Vacant Housing Units | 1,909 ( 8.8%) |
| Median Home Value | $297,472 |
| Average Home Value | $332,880 |
Housing Distribution
Address Breakdown
Residential
19,371
Single Family
15,697
Multi-Family
3,674
Businesses
1,160
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Listed by: Arcelia Jimenez • Keller Williams Realty Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #63188582
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