7223 Diamond Falls LnSpringTX77389
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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 7223 Diamond Falls Ln, Spring, TX, 77389 offers a 10.61% rental yield on a $506,500 purchase with $4,480/mo rent. Total monthly income registers $4,480/mo, and a $2,479/mo payment leaves $766/mo available for distribution. Annual cash flow reaches $9,195/yr on $166,639 to close, and return on cash invested stands at 25.58% in year one. Equity gained on principal adds $3,268/yr while 5% annual appreciation supports $139,937 over five years. Portfolio math shows five-year ROI at 134.74% and total cumulative return in cash at $224,528. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,480/mo property income against a $2,479/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.28 Acres lot
$N/A/sqft
$112 monthly 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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