2627 Woodsboro DrSpringTX77388
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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 2627 Woodsboro Dr, Spring, TX, 77388 offers $2,999/mo rent that, after a $1,701/mo payment, leaves $486/mo cash flow. Total monthly income is $2,999/mo, and annual cash flow is $5,832/yr on $115,196 cash. Return on cash invested measures 24.97% in year one, and rental yield stands at 10.36% at a $347,500 entry. Equity gained on principal adds $2,242/yr while 5% annual appreciation compounds into $96,008 by year five. Five-year ROI records 131.4% and total cumulative return in cash reaches $151,365. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,999/mo property income versus a $1,701/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
8,890 sqft lot
$N/A/sqft
$500 annually 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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Listed by: Nicholas Longtin • Redfin Corporation
Mls Name: HAR
Mls Provider:
Mls ID: #66096758
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