38 N Chantsong CirSpringTX77382
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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 38 N Chantsong Cir, Spring, TX, 77382 listed at $890,000 pairs $4,920/mo rent with a $4,356/mo payment. Total monthly income runs $4,920/mo. Return on cash invested measures 14.29% in year one, and rental yield registers 6.63% at a $890,000 basis. Equity gained on principal adds $5,743/yr, and annual property appreciation at 5% supports $245,891 by year five. Five-year ROI tracks 73.88% and total cumulative return in cash totals $216,340. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,920/mo property income relative to a $4,356/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
10,619 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77382, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,003 (100%) |
| Owner Occupied HU | 10,318 (73.7%) |
| Renter Occupied HU | 3,029 (21.6%) |
| Vacant Housing Units | 656 ( 4.7%) |
| Median Home Value | $573,705 |
| Average Home Value | $681,922 |
Housing Distribution
Address Breakdown
Residential
13,684
Single Family
12,331
Multi-Family
1,353
Businesses
297
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Listed by: Shane Terry • RE/MAX Universal
Mls Name: HAR
Mls Provider:
Mls ID: #19690105
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