7823 Pronghorn Dr, Spring Branch, TX, 78070 | $1,496/mo Cash Flow

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7823 Pronghorn Dr, Spring Branch, TX, 78070 | $1,496/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Spring Branch at 7823 Pronghorn Dr, Spring Branch, TX, 78070 listed at $240,000 pairs $3,203/mo rent with a $1,175/mo payment to leave $1,496/mo cash flow. Total monthly income runs $3,203/mo, and annual cash flow reaches $17,952/yr on $79,560 cash to close. Return on cash invested measures 42.47% in year one, and rental yield registers 16.01% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 225.04% and total cumulative return in cash totals $179,042. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,203/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2018

0.58 Acres lot

$N/A/sqft

No HOA

More details about the property

This 2018 farmhouse style home is easy on the eyes! The open floor plan flaunts the attractive kitchen and dining area with plenty of natural light. The front entry foyer flows into the living area with faux shiplap and wood beam accents. Spacious master bedroom on the east end of the home with a gorgeous en suite bathroom, two walk-in closets, separate vanities, garden tub, and separate shower. Two additional spacious bedrooms with walk-in closets, additional bathroom with tub/shower, and laundry room. The exterior has vinyl siding and a newer roof which was installed in approximately 2022. The yard has some nice oak trees providing shade, and a paved driveway. Call to schedule your showing today!

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