23606 Bernshausen DrSpringTX77389
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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 23606 Bernshausen Dr, Spring, TX, 77389 listed at $319,900 pairs $2,786/mo rent with a $1,566/mo payment to leave $511/mo cash flow. Total monthly income runs $2,786/mo, and annual cash flow reaches $6,131/yr on $106,047 cash to close. Return on cash invested measures 25.69% in year one, and rental yield registers 10.45% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 135.05% and total cumulative return in cash totals $143,216. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,786/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2013
6,525 sqft lot
$N/A/sqft
No 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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