3422 Aldergrove DrSpringTX77388
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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 3422 Aldergrove Dr, Spring, TX, 77388 earns $792/mo cash flow from $3,529/mo rent with a $1,884/mo payment. Total monthly income totals $3,529/mo, and annual cash flow totals $9,499/yr on $127,628 capital. ROI tracks 27.35% on current figures, and rental yield reads 11% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 143.98% and total cumulative return in cash sums $183,754. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,529/mo property income instead of your personal income.
Single Family
Built in 1996
9,596 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77388, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,715 (100%) |
| Owner Occupied HU | 13,203 (60.8%) |
| Renter Occupied HU | 6,603 (30.4%) |
| Vacant Housing Units | 1,909 ( 8.8%) |
| Median Home Value | $297,472 |
| Average Home Value | $332,880 |
Housing Distribution
Address Breakdown
Residential
19,371
Single Family
15,697
Multi-Family
3,674
Businesses
1,160
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