3507 Dawnwood DrSpringTX77380
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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 3507 Dawnwood Dr, Spring, TX, 77380 uses $80,919 cash to close to unlock $6,323/yr annual cash flow and $527/mo monthly cash flow. Total monthly income runs $2,263/mo, and a $1,195/mo payment keeps the spread at $527/mo. Purchase price stands at $244,100, and rental yield measures 11.12% with $2,263/mo rent. Return on cash invested shows 27.72% in year one, and 5% annual appreciation builds toward $67,440 over five years. Five-year ROI reaches 145.95% and total cumulative return in cash records $118,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,263/mo property income covering a $1,195/mo payment rather than investor’s personal income.
Single Family
Built in 1972
8,681 sqft lot
$N/A/sqft
Has HOA fee 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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