2622 Streeter LnSpringTX77388
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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 at 2622 Streeter Ln, Spring, TX, 77388 at $627,500 posts ROI 20.68% with $107/mo cash flow from $4,694/mo rent. Total monthly income equals $4,694/mo, and annual cash flow records $1,284/yr on $206,448 to close. Return on cash invested measures 20.68% and rental yield reads 8.98% at the current $627,500. Equity gained on principal adds $4,049/yr, and 5% annual appreciation supports $173,367 by year five. Five-year ROI prints 108.45% and total cumulative return in cash totals $223,890.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,694/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
10,236 sqft lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77388, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,715 (100%) |
| Owner Occupied HU | 13,203 (60.8%) |
| Renter Occupied HU | 6,603 (30.4%) |
| Vacant Housing Units | 1,909 ( 8.8%) |
| Median Home Value | $297,472 |
| Average Home Value | $332,880 |
Housing Distribution
Address Breakdown
Residential
19,371
Single Family
15,697
Multi-Family
3,674
Businesses
1,160
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