51 Shetland LnColdspringTX77331
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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 51 Shetland Ln, Coldspring, TX, 77331 offers a 8.73% rental yield on a $849,900 purchase with $6,181/mo rent. Total monthly income registers $6,181/mo, and a $4,160/mo payment leaves $30/mo available for distribution. Annual cash flow reaches $364/yr on $279,617 to close, and return on cash invested stands at 20.19% in year one. Equity gained on principal adds $5,484/yr while 5% annual appreciation supports $234,812 over five years. Portfolio math shows five-year ROI at 105.71% and total cumulative return in cash at $295,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,181/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.77 Acres lot
$N/A/sqft
$1,281 annually 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: Antonio Rodriguez • RE/MAX RESULTS
Mls Name: HAR
Mls Provider:
Mls ID: #96213139
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