429 Spanish Oak TrlHarperTX78631
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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 Harper at 429 Spanish Oak Trl, Harper, TX, 78631 offers a 6.22% rental yield on a $419,000 purchase with $2,171/mo rent. 92% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 66.6% and total cumulative return in cash at $92,513. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,171/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2015
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78631, Harper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,332 (100%) |
| Owner Occupied HU | 903 (67.8%) |
| Renter Occupied HU | 172 (12.9%) |
| Vacant Housing Units | 257 (19.3%) |
| Median Home Value | $513,281 |
| Average Home Value | $716,938 |
Housing Distribution
Address Breakdown
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
80
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