3702 Cypress Hill 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
Investment property for sale in Spring at 3702 Cypress Hill Dr, Spring, TX, 77388 uses $94,478 cash to close to unlock $4,598/yr annual cash flow and $383/mo monthly cash flow. Total monthly income runs $2,487/mo, and a $1,395/mo payment keeps the spread at $383/mo. Purchase price stands at $285,000, and rental yield measures 10.47% with $2,487/mo rent. Return on cash invested shows 24.78% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 130.54% and total cumulative return in cash records $123,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,487/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1977
10,349 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: Jessica Hennessy-Lewis • J.L. Wyatt Properties
Mls Name: HAR
Mls Provider:
Mls ID: #82638823
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