3618 Walnut Forest LnSpringTX77388
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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 3618 Walnut Forest Ln, Spring, TX, 77388 listed at $399,900 pairs $3,124/mo rent with a $1,957/mo payment to leave $281/mo cash flow. Total monthly income runs $3,124/mo, and annual cash flow reaches $3,367/yr on $132,567 cash to close. Return on cash invested measures 22.45% in year one, and rental yield registers 9.37% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 117.68% and total cumulative return in cash totals $156,008. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,124/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
8,128 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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