2806 King Point View LnSpringTX77388
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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 2806 King Point View Ln, Spring, TX, 77388 priced at $735,000 converts $6,098/mo rent into $727/mo cash flow after a $3,597/mo obligation. Total monthly income equals $6,098/mo, and annual cash flow totals $8,719/yr on $241,815 invested. Return on cash invested prints 23.67% in year one, and rental yield reads 9.96% against a $735,000 entry. Equity gained on principal adds $4,743/yr, while 5% annual appreciation compiles into $203,067 by year five. Five-year ROI reaches 124.43% and total cumulative return in cash sums $300,900. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,098/mo property income covering a $3,597/mo payment, not borrower’s personal income.
Single Family
Built in 2012
9,099 sqft lot
$N/A/sqft
$1,742 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: KayCee Ragland • Orchard Brokerage
Mls Name: HAR
Mls Provider:
Mls ID: #50608582
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