321 canon hillSpring 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
Rental property for sale in Spring Branch at 321 canon hill, Spring Branch, TX, 78070 generates $3,642/mo in rent and, after a $2,354/mo payment, leaves $151/mo in cash flow. Total monthly income is $3,642/mo, and annual cash flow is $1,809/yr on $159,452 invested. Return on cash invested sits at 21.04% in year one, and rental yield is 9.09% on a $481,000 entry. Equity gained on principal adds $3,104/yr, while 5% annual appreciation builds toward $132,891 over five years. Five-year ROI reaches 110.32% and total cumulative return in cash sums $175,903. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,642/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
9,583 sqft lot
$N/A/sqft
$420 annually 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: Gerry Lisa Stowers • The Agency Texas, Inc.
Mls Name: SABOR
Mls Provider:
Mls ID: #1862236
Disclaimer: IDX information is provided exclusively for 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.