242 Saga StSpring BranchTX78070
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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 Branch at 242 Saga St, Spring Branch, TX, 78070 projects strong ROI of 4.02%. Rental yield 3.24%. With 5% annual appreciation, the property builds $809,505 in value over five years. Equity growth combined delivers a projected five-year ROI of 18.77%, translating into $178,157 in total cumulative return on $949,320 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2008
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78070, Spring Branch, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 8,394 (84.2%) |
| Renter Occupied HU | 885 ( 8.9%) |
| Vacant Housing Units | 692 ( 6.9%) |
| Median Home Value | $596,751 |
| Average Home Value | $695,534 |
Housing Distribution
Address Breakdown
Residential
9,272
Single Family
8,986
Multi-Family
286
Businesses
618
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Listed by: Ronald Chamberlain • Better Homes and Gardens Real Estate Gary Greene - West Gray
Mls Name: HAR
Mls ID: #21914022