234 Spring Lakes HvnSpringTX77373
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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 234 Spring Lakes Hvn, Spring, TX, 77373 offers $3,490/mo rent that, after a $2,344/mo payment, leaves $8/mo cash flow. Total monthly income is $3,490/mo, and annual cash flow is $96/yr on $158,789 cash. Return on cash invested measures 19.97% in year one, and rental yield stands at 8.74% at a $479,000 entry. Equity gained on principal adds $3,091/yr while 5% annual appreciation compounds into $132,339 by year five. Five-year ROI records 104.57% and total cumulative return in cash reaches $166,047. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,490/mo property income versus a $2,344/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.27 Acres lot
$N/A/sqft
$915 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77373, Spring, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,827
Single Family
23,355
Multi-Family
2,472
Businesses
998
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Listed by: Sandra Hughes • SJH Properties
Mls Name: HAR
Mls Provider:
Mls ID: #84844131
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