275 W Cedar AveColdspringTX77331
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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 Coldspring at 275 W Cedar Ave, Coldspring, TX, 77331 priced at $119,400 converts $930/mo rent into $81/mo cash flow after a $584/mo obligation. Total monthly income equals $930/mo, and annual cash flow totals $976/yr on $39,581 invested. Return on cash invested prints 22.37% in year one, and rental yield reads 9.35% against a $119,400 entry. Equity gained on principal adds $770/yr, while 5% annual appreciation compiles into $32,988 by year five. Five-year ROI reaches 117.36% and total cumulative return in cash sums $46,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $930/mo property income covering a $584/mo payment, not borrower’s personal income.
Single Family
Built in 1975
5,222 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77331, Coldspring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,648 (100%) |
| Owner Occupied HU | 2,709 (58.3%) |
| Renter Occupied HU | 463 ( 10.0%) |
| Vacant Housing Units | 1,476 (31.8%) |
| Median Home Value | $273,090 |
| Average Home Value | $402,099 |
Housing Distribution
Address Breakdown
Residential
3,535
Single Family
3,487
Multi-Family
48
Businesses
282
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Listed by: Edward McClintick • Joseph Walter Realty, LLC
Mls Name: HAR
Mls ID: #86731801