266 Tortoise Creek PlSpringTX77389
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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 266 Tortoise Creek Pl, Spring, TX, 77389 earns from $3,796/mo rent with a $3,155/mo payment. Total monthly income totals $3,796/mo. ROI tracks 15.6% on current figures, and rental yield reads 7.07% at a $644,600 purchase. Equity gained on principal adds $4,160/yr, and 5% annual appreciation supports $178,091 over five years. Five-year ROI reaches 80.95% and total cumulative return in cash sums $171,670. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,796/mo property income instead of your personal income.
Single Family
Built in 2008
0.27 Acres lot
$N/A/sqft
No 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: Michele Flory • Point Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #98375300
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