3911 Springmeadows St APT BHoustonTX77080
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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 Houston at 3911 Springmeadows St APT B, Houston, TX, 77080 uses $159,120 cash to close to unlock $12,588/yr annual cash flow and $1,049/mo monthly cash flow. Total monthly income runs $4,462/mo, and a $2,349/mo payment keeps the spread at $1,049/mo. Purchase price stands at $480,000, and rental yield measures 11.15% with $4,462/mo rent. Return on cash invested shows 27.82% in year one, and 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 146.46% and total cumulative return in cash records $233,045. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,462/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Multi Family
Built in 1970
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77080, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 7,781 (39.6%) |
| Renter Occupied HU | 10,027 (51.0%) |
| Vacant Housing Units | 1,864 ( 9.5%) |
| Median Home Value | $364,381 |
| Average Home Value | $391,262 |
Housing Distribution
Address Breakdown
Residential
18,132
Single Family
9,756
Multi-Family
8,376
Businesses
1,051
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Listed by: Daicel Prat • The Agency Team
Mls Name: HAR
Mls Provider:
Mls ID: #80179312
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