3410 Lake Ridge BndSpringTX77380
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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 3410 Lake Ridge Bnd, Spring, TX, 77380 earns $875/mo cash flow from $3,260/mo rent with a $1,640/mo payment. Total monthly income totals $3,260/mo, and annual cash flow totals $10,505/yr on $111,053 capital. ROI tracks 29.37% on current figures, and rental yield reads 11.68% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 154.8% and total cumulative return in cash sums $171,908. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,260/mo property income instead of your personal income.
Single Family
Built in 1991
0.55 Acres lot
$N/A/sqft
$2 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77380, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,139 (100%) |
| Owner Occupied HU | 5,064 (31.4%) |
| Renter Occupied HU | 9,258 (57.4%) |
| Vacant Housing Units | 1,817 (11.3%) |
| Median Home Value | $480,318 |
| Average Home Value | $609,099 |
Housing Distribution
Address Breakdown
Residential
15,423
Single Family
7,374
Multi-Family
8,049
Businesses
2,755
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