2432 High Timbers DrSpringTX77380
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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 2432 High Timbers Dr, Spring, TX, 77380 generates $4,772/mo in rent, after a $7,807/mo payment. Total monthly income is $4,772/mo. Return on cash invested sits at 4.65% in year one, and rental yield is 3.59% on a $1,595,000 entry. Equity gained on principal adds $10,292/yr, while 5% annual appreciation builds toward $440,669 over five years. Five-year ROI reaches 22.32% and total cumulative return in cash sums $115,325. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,772/mo property income rather than buyer’s personal income.
Townhouse
Built in 2019
1,581 sqft lot
$N/A/sqft
$2,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77380, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,139 (100%) |
| Owner Occupied HU | 5,064 (31.4%) |
| Renter Occupied HU | 9,258 (57.4%) |
| Vacant Housing Units | 1,817 (11.3%) |
| Median Home Value | $480,318 |
| Average Home Value | $609,099 |
Housing Distribution
Address Breakdown
Residential
15,423
Single Family
7,374
Multi-Family
8,049
Businesses
2,755
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Listed by: Jake Johnston • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #27395653
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