99 S Shawnee Ridge 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 99 S Shawnee Ridge Cir, Spring, TX, 77382 generates $5,790/mo in rent, after a $6,167/mo payment. Total monthly income is $5,790/mo. Return on cash invested sits at 11.05% in year one, and rental yield is 5.51% on a $1,260,000 entry. Equity gained on principal adds $8,131/yr, while 5% annual appreciation builds toward $348,115 over five years. Five-year ROI reaches 56.48% and total cumulative return in cash sums $230,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,790/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.31 Acres 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: Susan Stahley • LPT Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #90700624
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