6511 Bayonne DrSpringTX77389
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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 6511 Bayonne Dr, Spring, TX, 77389 earns $1,200/mo cash flow from $4,471/mo rent with a $2,251/mo payment. Total monthly income totals $4,471/mo, and annual cash flow totals $14,404/yr on $152,490 capital. ROI tracks 29.35% on current figures, and rental yield reads 11.66% at a $460,000 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 over five years. Five-year ROI reaches 154.71% and total cumulative return in cash sums $235,921. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,471/mo property income instead of your personal income.
Single Family
Built in 1969
0.41 Acres lot
$N/A/sqft
No 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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