5914 Slashwood LnSpringTX77379
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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 5914 Slashwood Ln, Spring, TX, 77379 priced at $450,000 pairs $5,315/mo rent with $2,032/mo cash flow after a $2,203/mo payment. Total monthly income equals $5,315/mo, and annual cash flow comes to $24,389/yr on $149,175 invested. Return on cash invested is 36.26% in year one, and rental yield stands at 14.17% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 191.98% and total cumulative return in cash reaches $286,386. For financing, Ziffy Mortgage’s DSCR program evaluates $5,315/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.33 Acres lot
$N/A/sqft
$985 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77379, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,204 (100%) |
| Owner Occupied HU | 22,558 (67.9%) |
| Renter Occupied HU | 8,869 (26.7%) |
| Vacant Housing Units | 1,777 ( 5.4%) |
| Median Home Value | $356,303 |
| Average Home Value | $400,335 |
Housing Distribution
Address Breakdown
Residential
31,197
Single Family
25,921
Multi-Family
5,276
Businesses
1,837
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Listed by: Ryan Jockers • Better Homes and Gardens Real Estate Gary Greene - Champions
Mls Name: HAR
Mls Provider:
Mls ID: #18530890
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