610 Andover StSpringTX77373
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Nearby investment properties with comparable prices
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 610 Andover St, Spring, TX, 77373 priced at $320,000 pairs $2,766/mo rent with $491/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,766/mo, and annual cash flow comes to $5,888/yr on $106,080 invested. Return on cash invested is 25.46% in year one, and rental yield stands at 10.37% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 133.83% and total cumulative return in cash reaches $141,963. For financing, Ziffy Mortgage’s DSCR program evaluates $2,766/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77373, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,265 (100%) |
| Owner Occupied HU | 18,365 (69.9%) |
| Renter Occupied HU | 6,633 (25.3%) |
| Vacant Housing Units | 1,267 ( 4.8%) |
| Median Home Value | $258,193 |
| Average Home Value | $296,393 |
Housing Distribution
Address Breakdown
Residential
25,827
Single Family
23,355
Multi-Family
2,472
Businesses
998
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