3 Empire Forest PlSpringTX77382
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 at 3 Empire Forest Pl, Spring, TX, 77382 offers $5,912/mo rent that, after a $4,885/mo payment. Total monthly income is $5,912/mo. Return on cash invested measures 15.73% in year one, and rental yield stands at 7.11% at a $998,000 entry. Equity gained on principal adds $6,440/yr while 5% annual appreciation compounds into $275,729 by year five. Five-year ROI records 81.61% and total cumulative return in cash reaches $267,948. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,912/mo property income versus a $4,885/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77382, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,003 (100%) |
| Owner Occupied HU | 10,318 (73.7%) |
| Renter Occupied HU | 3,029 (21.6%) |
| Vacant Housing Units | 656 ( 4.7%) |
| Median Home Value | $573,705 |
| Average Home Value | $681,922 |
Housing Distribution
Address Breakdown
Residential
13,684
Single Family
12,331
Multi-Family
1,353
Businesses
297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices