3635 Fir Forest DrSpringTX77388
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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 3635 Fir Forest Dr, Spring, TX, 77388 priced at $339,000 pairs $3,094/mo rent with $639/mo cash flow after a $1,659/mo payment. Total monthly income equals $3,094/mo, and annual cash flow comes to $7,668/yr on $112,379 invested. Return on cash invested is 26.73% in year one, and rental yield stands at 10.95% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 140.79% and total cumulative return in cash reaches $158,212. For financing, Ziffy Mortgage’s DSCR program evaluates $3,094/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
8,049 sqft lot
$N/A/sqft
$535 annually 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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Listed by: Sony Kohli • REALM Real Estate Professionals - Galleria
Mls Name: HAR
Mls Provider:
Mls ID: #26382227
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