312 Spreading Oak StSomervilleTX77879
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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 Somerville at 312 Spreading Oak St, Somerville, TX, 77879 with 5% annual appreciation on a $187,600 basis while $2,021/mo rent supports operations. Total monthly income totals $2,021/mo and a $918/mo payment preserves $687/mo for cash returns. Annual cash flow comes to $8,246/yr on $62,189 deployed, and return on cash invested reaches 33.17% in year one. Equity gained on principal adds $1,211/yr, and five-year appreciation sums $51,830 alongside rental yield of 12.93%. Five-year ROI measures 175.23% and total cumulative return in cash totals $108,975.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,021/mo property income versus a $918/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,029 (57.5%) |
| Renter Occupied HU | 428 (12.1%) |
| Vacant Housing Units | 1,071 (30.4%) |
| Median Home Value | $146,744 |
| Average Home Value | $243,677 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
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