27715 Ossineke 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
Rental property for sale in Spring at 27715 Ossineke Dr, Spring, TX, 77386 generates $6,234/mo in rent, after a $6,852/mo payment. Total monthly income is $6,234/mo. Return on cash invested sits at 10.19% in year one, and rental yield is 5.34% on a $1,399,900 entry. Equity gained on principal adds $9,033/yr, while 5% annual appreciation builds toward $386,767 over five years. Five-year ROI reaches 52% and total cumulative return in cash sums $235,872. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,234/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
1.03 Acres lot
$N/A/sqft
$1,500 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: Shelly Scanlin • Styled Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #4021312
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