87 E Greenhill Terrace PlSpringTX77382
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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 Greenhill Terrace Pl, Spring, TX, 77382 priced at $351,100 pairs $2,766/mo rent with $20/mo cash flow after a $1,718/mo payment. Total monthly income equals $2,766/mo, and annual cash flow comes to $237/yr on $116,390 invested. Return on cash invested is 20.11% in year one, and rental yield stands at 9.45% on a $351,100 basis. Equity gained on principal adds $2,266/yr, and 5% annual appreciation accumulates to $97,002 by year five. Five-year ROI measures 106.08% and total cumulative return in cash reaches $123,467. For financing, Ziffy Mortgage’s DSCR program evaluates $2,766/mo property income against a $1,718/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2002
3,192 sqft lot
$N/A/sqft
$250 monthly 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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