2370 Garrett LnChina SpringTX76633
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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
Total monthly income runs $3,587/mo, and a $5,213/mo payment. Purchase price stands at $1,065,000, and rental yield measures 4.04% with $3,587/mo rent. Return on cash invested shows 6.51% in year one, and 5% annual appreciation builds toward $294,240 over five years. Five-year ROI reaches 32.11% and total cumulative return in cash records $110,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,587/mo property income covering a $5,213/mo payment rather than investor’s personal income.
Single Family
Built in 2015
11.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76633, China Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 2,158 (83.1%) |
| Renter Occupied HU | 328 (12.6%) |
| Vacant Housing Units | 111 ( 4.3%) |
| Median Home Value | $377,951 |
| Average Home Value | $449,516 |
Housing Distribution
Address Breakdown
Residential
2,249
Single Family
2,249
Multi-Family
0
Businesses
139
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Listed by: Esther Easter • Double E Properties
Mls Name: NTREIS
Mls ID: #21112518