407 Champion Lake DrSpringTX77380
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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 407 Champion Lake Dr, Spring, TX, 77380 with 5% annual appreciation on a $449,900 basis while $4,165/mo rent supports operations. Total monthly income totals $4,165/mo and a $2,202/mo payment preserves $950/mo for cash returns. Annual cash flow comes to $11,401/yr on $149,142 deployed, and return on cash invested reaches 27.55% in year one. Equity gained on principal adds $2,903/yr, and five-year appreciation sums $124,299 alongside rental yield of 11.11%. Five-year ROI measures 145.12% and total cumulative return in cash totals $216,430.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,165/mo property income versus a $2,202/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
9,583 sqft lot
$N/A/sqft
$188 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77380, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,139 (100%) |
| Owner Occupied HU | 5,064 (31.4%) |
| Renter Occupied HU | 9,258 (57.4%) |
| Vacant Housing Units | 1,817 (11.3%) |
| Median Home Value | $480,318 |
| Average Home Value | $609,099 |
Housing Distribution
Address Breakdown
Residential
15,423
Single Family
7,374
Multi-Family
8,049
Businesses
2,755
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Listed by: Kristin Carter • Compass RE Texas, LLC - The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #19467741
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