59 Watertree 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
Investment property for sale in Spring at 59 Watertree Dr, Spring, TX, 77380 with 5% annual appreciation on a $1,750,000 basis while $6,707/mo rent supports operations. 23% in year one. Equity gained on principal adds $11,292/yr, and five-year appreciation sums $483,493 alongside rental yield of 4.6%. Five-year ROI measures 41.34% and total cumulative return in cash totals $234,381. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,707/mo property income versus a $8,565/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
1.02 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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Listed by: Penelope Willhite • Unreal Estate Brokerage LLC
Mls Name: HAR
Mls Provider:
Mls ID: #79008778
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