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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Spring at 7934 Hennessy Ln #1, Spring, TX, 77389 uses $127,628 cash to close to unlock $391/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $2,820/mo, and a $1,884/mo payment keeps the spread at $33/mo. Purchase price stands at $385,000, and rental yield measures 8.79% with $2,820/mo rent. Return on cash invested shows 20.22% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 105.88% and total cumulative return in cash records $135,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,820/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 2024
2,272 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood data shown for ZIP Code: 77389, Spring, TX area.
| 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 |
Residential
16,873
Single Family
13,822
Multi-Family
3,051
Businesses
535
Date | Event | Price |
|---|---|---|
| 2024-12-07 | Listed for sale | $385,000 |
| 2024-12-02 | Listing removed | $385,000 |
| 2024-11-13 | Price change | $409,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Luz Elena Jaramillo • RE/MAX The Woodlands & Spring
Mls Name: HAR
Mls Provider:
Mls ID: #98687735
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