87 E Green Gables CirSpringTX77382
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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 87 E Green Gables Cir, Spring, TX, 77382 priced at $744,000 pairs $4,721/mo rent with after a $3,642/mo payment. Total monthly income equals $4,721/mo. Return on cash invested is 17.26% in year one, and rental yield stands at 7.61% on a $744,000 basis. Equity gained on principal adds $4,801/yr, and 5% annual appreciation accumulates to $205,553 by year five. Five-year ROI measures 89.84% and total cumulative return in cash reaches $219,906. For financing, Ziffy Mortgage’s DSCR program evaluates $4,721/mo property income against a $3,642/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77382, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,003 (100%) |
| Owner Occupied HU | 10,318 (73.7%) |
| Renter Occupied HU | 3,029 (21.6%) |
| Vacant Housing Units | 656 ( 4.7%) |
| Median Home Value | $573,705 |
| Average Home Value | $681,922 |
Housing Distribution
Address Breakdown
Residential
13,684
Single Family
12,331
Multi-Family
1,353
Businesses
297
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Listed by: Brianna Masterson • RE/MAX The Woodlands & Spring
Mls Name: HAR
Mls Provider:
Mls ID: #39288949
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