3615 Lake Bend Shore DrSpringTX77386
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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 3615 Lake Bend Shore Dr, Spring, TX, 77386 uses $213,847 cash to close to unlock $94/yr annual cash flow and $8/mo monthly cash flow. Total monthly income runs $4,763/mo, and a $3,181/mo payment keeps the spread at $8/mo. Purchase price stands at $649,990, and rental yield measures 8.79% with $4,763/mo rent. Return on cash invested shows 20.1% in year one, and 5% annual appreciation builds toward $179,580 over five years. Five-year ROI reaches 105.34% and total cumulative return in cash records $225,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,763/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 2016
8,337 sqft lot
$N/A/sqft
$1,600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77386, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,626 (100%) |
| Owner Occupied HU | 18,540 (75.3%) |
| Renter Occupied HU | 4,987 (20.3%) |
| Vacant Housing Units | 1,099 ( 4.5%) |
| Median Home Value | $383,165 |
| Average Home Value | $437,179 |
Housing Distribution
Address Breakdown
Residential
24,337
Single Family
22,086
Multi-Family
2,251
Businesses
851
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Listed by: M'Lissa Wilkinson • Realty Associates
Mls Name: HAR
Mls Provider:
Mls ID: #21948747
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