6003 Tarra Firma DrSpringTX77379
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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 6003 Tarra Firma Dr, Spring, TX, 77379 generates $4,742/mo in rent and, after a $3,008/mo payment, leaves $289/mo in cash flow. Total monthly income is $4,742/mo, and annual cash flow is $3,467/yr on $202,171 invested. Return on cash invested sits at 21.78% in year one, and rental yield is 9.26% on a $614,500 entry. Equity gained on principal adds $3,965/yr, while 5% annual appreciation builds toward $169,775 over five years. Five-year ROI reaches 114.21% and total cumulative return in cash sums $230,908. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,742/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
8,380 sqft lot
$N/A/sqft
$995 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: Jenna D'Amico • Coldwell Banker Realty - Greater Northwest
Mls Name: HAR
Mls Provider:
Mls ID: #76463046
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