230 S Walden Elms CirSpringTX77382
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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 230 S Walden Elms Cir, Spring, TX, 77382 with 5% annual appreciation on a $290,000 basis while $2,441/mo rent supports operations. Total monthly income totals $2,441/mo and a $1,419/mo payment preserves $312/mo for cash returns. Annual cash flow comes to $3,750/yr on $96,135 deployed, and return on cash invested reaches 23.81% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 10.1%. Five-year ROI measures 125.28% and total cumulative return in cash totals $120,436.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,441/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1997
2,609 sqft lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77382, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,003 (100%) |
| Owner Occupied HU | 10,318 (73.7%) |
| Renter Occupied HU | 3,029 (21.6%) |
| Vacant Housing Units | 656 ( 4.7%) |
| Median Home Value | $573,705 |
| Average Home Value | $681,922 |
Housing Distribution
Address Breakdown
Residential
13,684
Single Family
12,331
Multi-Family
1,353
Businesses
297
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Listed by: Gregory Sanders • NB Elite Realty
Mls Name: HAR
Mls Provider:
Mls ID: #69041796
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