21507 Indigo Ruth Dr #24K6J9SpringTX77379
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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 21507 Indigo Ruth Dr #24K6J9, Spring, TX, 77379 priced at $322,100 pairs $2,778/mo rent with $487/mo cash flow after a $1,577/mo payment. Total monthly income equals $2,778/mo, and annual cash flow comes to $5,844/yr on $106,776 invested. Return on cash invested is 25.38% in year one, and rental yield stands at 10.35% on a $322,100 basis. Equity gained on principal adds $2,078/yr, and 5% annual appreciation accumulates to $88,990 by year five. Five-year ROI measures 133.45% and total cumulative return in cash reaches $142,490. For financing, Ziffy Mortgage’s DSCR program evaluates $2,778/mo property income against a $1,577/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77379, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,204 (100%) |
| Owner Occupied HU | 22,558 (67.9%) |
| Renter Occupied HU | 8,869 (26.7%) |
| Vacant Housing Units | 1,777 ( 5.4%) |
| Median Home Value | $356,303 |
| Average Home Value | $400,335 |
Housing Distribution
Address Breakdown
Residential
31,197
Single Family
25,921
Multi-Family
5,276
Businesses
1,837
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