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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Spring at 23131 Bayleaf Dr, Spring, TX, 77373 offers a 10.15% rental yield on a $249,900 purchase with $2,114/mo rent. Total monthly income registers $2,114/mo, and a $1,223/mo payment leaves $301/mo available for distribution. Annual cash flow reaches $3,613/yr on $82,842 to close, and return on cash invested stands at 24.27% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 127.69% and total cumulative return in cash at $105,782. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,114/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
9,557 sqft lot
$N/A/sqft
$432 annually HOA
Neighborhood data shown for ZIP Code: 77373, Spring, TX area.
| 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 |
Residential
25,827
Single Family
23,355
Multi-Family
2,472
Businesses
998
Date | Event | Price |
|---|---|---|
| 2025-03-15 | Listed for sale | $249,900 |
| 2025-02-14 | Listing removed | $259,000 |
| 2025-01-08 | Price change | $259,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-15 | $117.59 | N/A | $192,845 | 1.55% |
| 2023-03-15 | N/A | N/A | $189,910 | 12.08% |
| 2022-03-15 | $32.97 | N/A | $169,437 | 25.29% |
Listed by: Daicel Prat • The Agency Team
Mls Name: HAR
Mls Provider:
Mls ID: #37456306
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
