31302 Copperleaf DrSpringTX77386
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
Investment property for sale in Spring at 31302 Copperleaf Dr, Spring, TX, 77386 earns $88/mo cash flow from $2,341/mo rent with a $1,468/mo payment. Total monthly income totals $2,341/mo, and annual cash flow totals $1,058/yr on $99,447 capital. ROI tracks 20.97% on current figures, and rental yield reads 9.36% at a $299,990 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,882 over five years. Five-year ROI reaches 110.32% and total cumulative return in cash sums $109,713. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,341/mo property income instead of your personal income.
Single Family
Built in 1995
6,403 sqft lot
$N/A/sqft
$385 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77386, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,626 (100%) |
| Owner Occupied HU | 18,540 (75.3%) |
| Renter Occupied HU | 4,987 (20.3%) |
| Vacant Housing Units | 1,099 ( 4.5%) |
| Median Home Value | $383,165 |
| Average Home Value | $437,179 |
Housing Distribution
Address Breakdown
Residential
24,337
Single Family
22,086
Multi-Family
2,251
Businesses
851
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tanna Villarreal • Martha Turner Sotheby's International Realty - The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #41278075
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.