6903 Farnaby CtSpringTX77379
Nearby investment properties with comparable rents
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
Investment property for sale in Spring at 6903 Farnaby Ct, Spring, TX, 77379 earns $267/mo cash flow from $3,004/mo rent with a $1,884/mo payment. Total monthly income totals $3,004/mo, and annual cash flow totals $3,199/yr on $127,628 capital. ROI tracks 22.42% on current figures, and rental yield reads 9.36% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 117.5% and total cumulative return in cash sums $149,962. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,004/mo property income instead of your personal income.
Single Family
Built in 1976
10,201 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices