310 Rhapsody ViewSpring BranchTX78070
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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 Branch at 310 Rhapsody View, Spring Branch, TX, 78070 offers a 8.88% rental yield on a $479,900 purchase with $3,552/mo rent. Total monthly income registers $3,552/mo, and a $2,349/mo payment leaves $139/mo available for distribution. Annual cash flow reaches $1,671/yr on $159,087 to close, and return on cash invested stands at 20.96% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 109.7% and total cumulative return in cash at $174,513. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,552/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
No 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
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Listed by: Kristen Schramme • Keller Williams Legacy
Mls Name: LERA MLS
Mls ID: #1938950