36 N Rainforest CtSpringTX77380
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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 at 36 N Rainforest Ct, Spring, TX, 77380 priced at $374,900 pairs $2,474/mo rent with after a $1,835/mo payment. Total monthly income equals $2,474/mo. Return on cash invested is 18.05% in year one, and rental yield stands at 7.92% on a $374,900 basis. Equity gained on principal adds $2,419/yr, and 5% annual appreciation accumulates to $103,578 by year five. Five-year ROI measures 94.1% and total cumulative return in cash reaches $116,947. For financing, Ziffy Mortgage’s DSCR program evaluates $2,474/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
7,775 sqft lot
$N/A/sqft
No 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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Listed by: David Huy Nguyen • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #93199751
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