2514 Spring Place CtMissouri CityTX77489
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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 Missouri City at 2514 Spring Place Ct, Missouri City, TX, 77489 offers a 8.38% rental yield on a $216,500 purchase with $1,512/mo rent. 81% in year one. Equity gained on principal adds $1,397/yr while 5% annual appreciation supports $59,815 over five years. Portfolio math shows five-year ROI at 98.44% and total cumulative return in cash at $70,648. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,512/mo property income against a $1,060/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
N/A lot
$N/A/sqft
$38 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77489, Missouri City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,391 (100%) |
| Owner Occupied HU | 9,634 (71.9%) |
| Renter Occupied HU | 3,323 (24.8%) |
| Vacant Housing Units | 434 ( 3.2%) |
| Median Home Value | $218,009 |
| Average Home Value | $246,764 |
Housing Distribution
Address Breakdown
Residential
13,210
Single Family
12,553
Multi-Family
657
Businesses
646
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Listed by: Tiffany Stewart • Keller Williams Realty Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #20095233
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