421 Dove Creek DrColdspringTX77331
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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 Coldspring at 421 Dove Creek Dr, Coldspring, TX, 77331 with 5% annual appreciation on a $249,900 basis while $2,216/mo rent supports operations. Total monthly income totals $2,216/mo and a $1,223/mo payment preserves $439/mo for cash returns. Annual cash flow comes to $5,269/yr on $82,842 deployed, and return on cash invested reaches 26.27% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 10.64%. Five-year ROI measures 138.22% and total cumulative return in cash totals $114,506.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,216/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
2.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77331, Coldspring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,648 (100%) |
| Owner Occupied HU | 2,709 (58.3%) |
| Renter Occupied HU | 463 ( 10.0%) |
| Vacant Housing Units | 1,476 (31.8%) |
| Median Home Value | $273,090 |
| Average Home Value | $402,099 |
Housing Distribution
Address Breakdown
Residential
3,535
Single Family
3,487
Multi-Family
48
Businesses
282
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Listed by: Jeri Gardner • JLA Realty
Mls Name: HAR
Mls ID: #26528458