79 E Amberglow CirSpringTX77381
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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
Rental property for sale in Spring at 79 E Amberglow Cir, Spring, TX, 77381 priced at $585,000 converts $4,481/mo rent into $321/mo cash flow after a $2,863/mo obligation. Total monthly income equals $4,481/mo, and annual cash flow totals $3,855/yr on $192,465 invested. Return on cash invested prints 22.06% in year one, and rental yield reads 9.19% against a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation compiles into $161,625 by year five. Five-year ROI reaches 115.59% and total cumulative return in cash sums $222,474. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,481/mo property income covering a $2,863/mo payment, not borrower’s personal income.
Single Family
Built in 1992
7,701 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77381, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,967 (100%) |
| Owner Occupied HU | 10,225 (73.2%) |
| Renter Occupied HU | 3,242 (23.2%) |
| Vacant Housing Units | 500 ( 3.6%) |
| Median Home Value | $484,769 |
| Average Home Value | $562,286 |
Housing Distribution
Address Breakdown
Residential
14,028
Single Family
11,924
Multi-Family
2,104
Businesses
519
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Listed by: Ryan St George • Nextgen Real Estate Properties
Mls Name: HAR
Mls Provider:
Mls ID: #83368400
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