69 Lake Oaks CirColdspringTX77331
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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 Coldspring at 69 Lake Oaks Cir, Coldspring, TX, 77331 uses $155,805 cash to close to unlock $12,122/yr annual cash flow and $1,010/mo monthly cash flow. Total monthly income runs $4,352/mo, and a $2,300/mo payment keeps the spread at $1,010/mo. Purchase price stands at $470,000, and rental yield measures 11.11% with $4,352/mo rent. Return on cash invested shows 27.69% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 145.79% and total cumulative return in cash records $227,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,352/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77331, Coldspring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,648 (100%) |
| Owner Occupied HU | 2,709 (58.3%) |
| Renter Occupied HU | 463 ( 10.0%) |
| Vacant Housing Units | 1,476 (31.8%) |
| Median Home Value | $273,090 |
| Average Home Value | $402,099 |
Housing Distribution
Address Breakdown
Residential
3,535
Single Family
3,487
Multi-Family
48
Businesses
282
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Listed by: Ronda Schaub • eXp Realty LLC
Mls Name: HAR
Mls ID: #93758583