50 River Ridge LoopSpringTX77389
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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 at 50 River Ridge Loop, Spring, TX, 77389 offers $7,282/mo rent that, after a $4,870/mo payment, leaves $206/mo cash flow. Total monthly income is $7,282/mo, and annual cash flow is $2,477/yr on $327,355 cash. Return on cash invested measures 20.82% in year one, and rental yield stands at 8.78% at a $995,000 entry. Equity gained on principal adds $6,421/yr while 5% annual appreciation compounds into $274,900 by year five. Five-year ROI records 108.9% and total cumulative return in cash reaches $356,490. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,282/mo property income versus a $4,870/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
9,848 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77389, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,120 (100%) |
| Owner Occupied HU | 11,222 (65.5%) |
| Renter Occupied HU | 4,904 (28.6%) |
| Vacant Housing Units | 994 ( 5.8%) |
| Median Home Value | $435,407 |
| Average Home Value | $525,589 |
Housing Distribution
Address Breakdown
Residential
16,873
Single Family
13,822
Multi-Family
3,051
Businesses
535
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