6 Granite Path PlSpringTX77389
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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 6 Granite Path Pl, Spring, TX, 77389 with 5% annual appreciation on a $509,500 basis while $3,739/mo rent supports operations. 43% in year one. Equity gained on principal adds $3,288/yr, and five-year appreciation sums $140,765 alongside rental yield of 8.81%. Five-year ROI measures 71.98% and total cumulative return in cash totals $120,662. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,739/mo property income versus a $2,494/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
7,492 sqft lot
$N/A/sqft
$1,042 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77389, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,120 (100%) |
| Owner Occupied HU | 11,222 (65.5%) |
| Renter Occupied HU | 4,904 (28.6%) |
| Vacant Housing Units | 994 ( 5.8%) |
| Median Home Value | $435,407 |
| Average Home Value | $525,589 |
Housing Distribution
Address Breakdown
Residential
16,873
Single Family
13,822
Multi-Family
3,051
Businesses
535
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