6818 Shallow River CtSpringTX77379
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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 6818 Shallow River Ct, Spring, TX, 77379 uses $91,163 cash to close to unlock $5,093/yr annual cash flow and $424/mo monthly cash flow. Total monthly income runs $2,380/mo, and a $1,346/mo payment keeps the spread at $424/mo. Purchase price stands at $275,000, and rental yield measures 10.39% with $2,380/mo rent. Return on cash invested shows 25.5% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 134.04% and total cumulative return in cash records $122,195. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,380/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2005
6,233 sqft lot
$N/A/sqft
No 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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