53 Doe Run DrSpringTX77380
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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 53 Doe Run Dr, Spring, TX, 77380 priced at $1,413,800 converts $5,071/mo rent into after a $6,920/mo obligation. Total monthly income equals $5,071/mo. Return on cash invested prints 7.32% in year one, and rental yield reads 4.3% against a $1,413,800 entry. Equity gained on principal adds $9,123/yr, while 5% annual appreciation compiles into $390,607 by year five. Five-year ROI reaches 36.46% and total cumulative return in cash sums $167,000. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,071/mo property income covering a $6,920/mo payment, not borrower’s personal income.
Single Family
Built in 1981
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77380, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,139 (100%) |
| Owner Occupied HU | 5,064 (31.4%) |
| Renter Occupied HU | 9,258 (57.4%) |
| Vacant Housing Units | 1,817 (11.3%) |
| Median Home Value | $480,318 |
| Average Home Value | $609,099 |
Housing Distribution
Address Breakdown
Residential
15,423
Single Family
7,374
Multi-Family
8,049
Businesses
2,755
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