98 E Amberglow CirSpringTX77381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 98 E Amberglow Cir, Spring, TX, 77381 priced at $600,000 converts $5,332/mo rent into $1,065/mo cash flow after a $2,937/mo obligation. Total monthly income equals $5,332/mo, and annual cash flow totals $12,780/yr on $197,400 invested. Return on cash invested prints 26.53% in year one, and rental yield reads 10.66% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 139.56% and total cumulative return in cash sums $275,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,332/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 1991
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: Paula Cleveland • Keystone Signature Properties
Mls Name: HAR
Mls Provider:
Mls ID: #10477710
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