291 LANTANA CERROSpring BranchTX78070
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Branch at 291 LANTANA CERRO, Spring Branch, TX, 78070 generates $6,974/mo in rent, after a $4,894/mo payment. Total monthly income is $6,974/mo. Return on cash invested sits at 19.4% in year one, and rental yield is 8.37% on a $999,900 entry. Equity gained on principal adds $6,452/yr, while 5% annual appreciation builds toward $276,254 over five years. Five-year ROI reaches 101.33% and total cumulative return in cash sums $333,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,974/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
1.66 Acres lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78070, Spring Branch, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 8,394 (84.2%) |
| Renter Occupied HU | 885 ( 8.9%) |
| Vacant Housing Units | 692 ( 6.9%) |
| Median Home Value | $596,751 |
| Average Home Value | $695,534 |
Housing Distribution
Address Breakdown
Residential
9,272
Single Family
8,986
Multi-Family
286
Businesses
618
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Guilliams • Luxe Estates Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1805046
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.