3500 Tangle Brush Dr APT 116SpringTX77381
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 3500 Tangle Brush Dr APT 116, Spring, TX, 77381 offers a 11.99% rental yield on a $134,000 purchase with $1,339/mo rent. Total monthly income registers $1,339/mo, and a $656/mo payment leaves $52/mo available for distribution. Annual cash flow reaches $624/yr on $44,421 to close, and return on cash invested stands at 21.31% in year one. Equity gained on principal adds $865/yr while 5% annual appreciation supports $37,022 over five years. Portfolio math shows five-year ROI at 114.86% and total cumulative return in cash at $51,023. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,339/mo property income against a $656/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
$334 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77381, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,967 (100%) |
| Owner Occupied HU | 10,225 (73.2%) |
| Renter Occupied HU | 3,242 (23.2%) |
| Vacant Housing Units | 500 ( 3.6%) |
| Median Home Value | $484,769 |
| Average Home Value | $562,286 |
Housing Distribution
Address Breakdown
Residential
14,028
Single Family
11,924
Multi-Family
2,104
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eva Shafique • Keller Williams Signature
Mls Name: HAR
Mls Provider:
Mls ID: #41490312
Disclaimer: Copyright 2025, 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.