24918 Thorton Knolls 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
Total monthly income runs $5,467/mo, and a $7,073/mo payment. Purchase price stands at $1,445,000, and rental yield measures 4.54% with $5,467/mo rent. Return on cash invested shows 7.71% in year one, and 5% annual appreciation builds toward $399,227 over five years. Five-year ROI reaches 38.67% and total cumulative return in cash records $181,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,467/mo property income covering a $7,073/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.40 Acres lot
$N/A/sqft
$1,575 annually 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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Listed by: Tiffany Curry • BHHS Tiffany Curry & Co.,
Mls Name: HAR
Mls Provider:
Mls ID: #43227792
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