2718 Leichester DrSpringTX77386
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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 2718 Leichester Dr, Spring, TX, 77386 listed at $159,900 pairs $1,237/mo rent with a $783/mo payment to leave $68/mo cash flow. Total monthly income runs $1,237/mo, and annual cash flow reaches $820/yr on $53,007 cash to close. Return on cash invested measures 21.46% in year one, and rental yield registers 9.28% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 112.64% and total cumulative return in cash totals $59,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,237/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
9,034 sqft lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77386, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,626 (100%) |
| Owner Occupied HU | 18,540 (75.3%) |
| Renter Occupied HU | 4,987 (20.3%) |
| Vacant Housing Units | 1,099 ( 4.5%) |
| Median Home Value | $383,165 |
| Average Home Value | $437,179 |
Housing Distribution
Address Breakdown
Residential
24,337
Single Family
22,086
Multi-Family
2,251
Businesses
851
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Listed by: Terri Lyons • Lyons Key Realty
Mls Name: HAR
Mls Provider:
Mls ID: #77571753
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