30 Sky Terrace 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
Investment property for sale in Spring at 30 Sky Terrace Pl, Spring, TX, 77381 offers a 9.57% rental yield on a $625,000 purchase with $4,986/mo rent. Total monthly income registers $4,986/mo, and a $3,059/mo payment leaves $542/mo available for distribution. Annual cash flow reaches $6,499/yr on $205,625 to close, and return on cash invested stands at 23.22% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 121.79% and total cumulative return in cash at $250,441. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,986/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
8,999 sqft lot
$N/A/sqft
No 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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