7415 Mustang Hill 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 7415 Mustang Hill Ln, Spring, TX, 77389 uses $118,843 cash to close to unlock $3,868/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $2,872/mo, and a $1,755/mo payment keeps the spread at $322/mo. Purchase price stands at $358,500, and rental yield measures 9.61% with $2,872/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $99,047 over five years. Five-year ROI reaches 121.54% and total cumulative return in cash records $144,438. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,872/mo property income covering a $1,755/mo payment rather than investor’s personal income.
Single Family
Built in 2014
6,777 sqft lot
$N/A/sqft
No 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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