28410 Shining Creek LnSpringTX77386
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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 28410 Shining Creek Ln, Spring, TX, 77386 uses $160,778 cash to close to unlock $437/yr annual cash flow and $36/mo monthly cash flow. Total monthly income runs $3,558/mo, and a $2,374/mo payment keeps the spread at $36/mo. Purchase price stands at $485,000, and rental yield measures 8.8% with $3,558/mo rent. Return on cash invested shows 20.18% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 105.72% and total cumulative return in cash records $169,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,558/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 2007
9,138 sqft lot
$N/A/sqft
$870 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: Christine Kobeck • CB&A, Realtors
Mls Name: HAR
Mls Provider:
Mls ID: #94961519
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