421 CimarronSpring BranchTX78070
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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 Branch at 421 Cimarron, Spring Branch, TX, 78070 offers $2,002/mo rent that, after a $1,138/mo payment, leaves $349/mo cash flow. Total monthly income is $2,002/mo, and annual cash flow is $4,183/yr on $77,074 cash. Return on cash invested measures 25.34% in year one, and rental yield stands at 10.33% at a $232,500 entry. Equity gained on principal adds $1,500/yr while 5% annual appreciation compounds into $64,235 by year five. Five-year ROI records 133.18% and total cumulative return in cash reaches $102,648. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,002/mo property income versus a $1,138/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78070, Spring Branch, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 8,394 (84.2%) |
| Renter Occupied HU | 885 ( 8.9%) |
| Vacant Housing Units | 692 ( 6.9%) |
| Median Home Value | $596,751 |
| Average Home Value | $695,534 |
Housing Distribution
Address Breakdown
Residential
9,272
Single Family
8,986
Multi-Family
286
Businesses
618
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Listed by: Celia Taylor • Option One Real Estate
Mls Name: LERA MLS
Mls ID: #1884608