7242 Exeter AveSpring BranchTX78070
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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
Total monthly income runs $3,143/mo, and a $2,937/mo payment. Purchase price stands at $599,999, and rental yield measures 6.29% with $3,143/mo rent. Return on cash invested shows 13.23% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 68.19% and total cumulative return in cash records $134,615. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,143/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 1999
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78070, Spring Branch, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,971 (100%) |
| Owner Occupied HU | 8,394 (84.2%) |
| Renter Occupied HU | 885 ( 8.9%) |
| Vacant Housing Units | 692 ( 6.9%) |
| Median Home Value | $596,751 |
| Average Home Value | $695,534 |
Housing Distribution
Address Breakdown
Residential
9,272
Single Family
8,986
Multi-Family
286
Businesses
618
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Listed by: Melissa Rogers • Keller Williams New Braunfels
Mls Name: LERA MLS
Mls ID: #1890947