3 Cairn Oaks PlSpringTX77381
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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 3 Cairn Oaks Pl, Spring, TX, 77381 priced at $620,000 pairs $4,505/mo rent with $21/mo cash flow after a $3,035/mo payment. Total monthly income equals $4,505/mo, and annual cash flow comes to $248/yr on $203,980 invested. Return on cash invested is 20.18% in year one, and rental yield stands at 8.72% on a $620,000 basis. Equity gained on principal adds $4,001/yr, and 5% annual appreciation accumulates to $171,295 by year five. Five-year ROI measures 105.66% and total cumulative return in cash reaches $215,523. For financing, Ziffy Mortgage’s DSCR program evaluates $4,505/mo property income against a $3,035/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
10,066 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77381, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,967 (100%) |
| Owner Occupied HU | 10,225 (73.2%) |
| Renter Occupied HU | 3,242 (23.2%) |
| Vacant Housing Units | 500 ( 3.6%) |
| Median Home Value | $484,769 |
| Average Home Value | $562,286 |
Housing Distribution
Address Breakdown
Residential
14,028
Single Family
11,924
Multi-Family
2,104
Businesses
519
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Listed by: Troy Ortiz • Executive Texas Realty
Mls Name: HAR
Mls Provider:
Mls ID: #24573000
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