7 Cross Lake DrSpringTX77382
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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 7 Cross Lake Dr, Spring, TX, 77382 at $762,000 posts ROI 17.29% with from $4,841/mo rent. Total monthly income equals $4,841/mo. Return on cash invested measures 17.29% and rental yield reads 7.62% at the current $762,000. Equity gained on principal adds $4,917/yr, and 5% annual appreciation supports $210,527 by year five. Five-year ROI prints 89.99% and total cumulative return in cash totals $225,605. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,841/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
9,875 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77382, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,003 (100%) |
| Owner Occupied HU | 10,318 (73.7%) |
| Renter Occupied HU | 3,029 (21.6%) |
| Vacant Housing Units | 656 ( 4.7%) |
| Median Home Value | $573,705 |
| Average Home Value | $681,922 |
Housing Distribution
Address Breakdown
Residential
13,684
Single Family
12,331
Multi-Family
1,353
Businesses
297
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