510 Shenandoah DrSpringTX77381
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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 Spring at 510 Shenandoah Dr, Spring, TX, 77381 earns $278/mo cash flow from $2,578/mo rent with a $1,583/mo payment. Total monthly income totals $2,578/mo, and annual cash flow totals $3,338/yr on $107,207 capital. ROI tracks 23.02% on current figures, and rental yield reads 9.57% at a $323,400 purchase. Equity gained on principal adds $2,087/yr, and 5% annual appreciation supports $89,349 over five years. Five-year ROI reaches 120.78% and total cumulative return in cash sums $129,483. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,578/mo property income instead of your personal income.
Single Family
Built in 1972
9,461 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77381, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,967 (100%) |
| Owner Occupied HU | 10,225 (73.2%) |
| Renter Occupied HU | 3,242 (23.2%) |
| Vacant Housing Units | 500 ( 3.6%) |
| Median Home Value | $484,769 |
| Average Home Value | $562,286 |
Housing Distribution
Address Breakdown
Residential
14,028
Single Family
11,924
Multi-Family
2,104
Businesses
519
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