74 Grogans Point RdSpringTX77380
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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 74 Grogans Point Rd, Spring, TX, 77380 at $1,448,000 posts ROI 8.23% with from $5,551/mo rent. Total monthly income equals $5,551/mo. Return on cash invested measures 8.23% and rental yield reads 4.6% at the current $1,448,000. Equity gained on principal adds $9,344/yr, and 5% annual appreciation supports $400,056 by year five. Five-year ROI prints 41.36% and total cumulative return in cash totals $194,045. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,551/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77380, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,139 (100%) |
| Owner Occupied HU | 5,064 (31.4%) |
| Renter Occupied HU | 9,258 (57.4%) |
| Vacant Housing Units | 1,817 (11.3%) |
| Median Home Value | $480,318 |
| Average Home Value | $609,099 |
Housing Distribution
Address Breakdown
Residential
15,423
Single Family
7,374
Multi-Family
8,049
Businesses
2,755
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