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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 Whitney at 24091 Springwood Dr, Whitney, TX, 76692 uses $109,395 cash to close to unlock $3,482/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $2,820/mo, and a $1,615/mo payment keeps the spread at $290/mo. Purchase price stands at $330,000, and rental yield measures 10.25% with $2,820/mo rent. Return on cash invested shows 23.09% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 121.89% and total cumulative return in cash records $133,343. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,820/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2002
6,011 sqft lot
$N/A/sqft
$1,100 semi-annually HOA
Neighborhood data shown for ZIP Code: 76692, Whitney, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,896 (100%) |
| Owner Occupied HU | 3,761 (63.8%) |
| Renter Occupied HU | 1,075 (18.2%) |
| Vacant Housing Units | 1,060 (18.0%) |
| Median Home Value | $208,810 |
| Average Home Value | $235,824 |
Residential
5,135
Single Family
5,079
Multi-Family
56
Businesses
377
Date | Event | Price |
|---|---|---|
| 2024-12-11 | Listed for sale | $330,000 |
| 2024-05-14 | Listing removed | N/A |
| 2024-04-20 | Price change | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $301,420 | 3.40% |
| 2023-12-27 | $1659.91 | 65.96% | $291,500 | 39.69% |
| 2022-12-27 | $1000.18 | -0.17% | $208,681 | 10.00% |
Listed by: Janet Gummelt • Fathom Realty
Mls Name: NTREIS
Mls ID: #20794888
Disclaimer: IDX information is provided exclusively for 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.
