11328 Palmsprings DrHoustonTX77034
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 11328 Palmsprings Dr, Houston, TX, 77034 in Houston deserves attention. This $405,900 property earns $3,410/mo in rent, a 10.08% gross yield, and nets $524/mo after the $1,825/mo payment. DSCR 1.87 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $112,143 compounds alongside $3,738/yr in yearly equity build, for a total cumulative return of $189,279.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.2% |
| Monthly Cash Flow | $524 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,410 |
| Total Monthly Debt Service | $2,725 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2019
3,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77034, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,197 (100%) |
| Owner Occupied HU | 6,048 (45.8%) |
| Renter Occupied HU | 5,720 (43.3%) |
| Vacant Housing Units | 1,429 (10.8%) |
| Median Home Value | $217,337 |
| Average Home Value | $231,408 |
Housing Distribution
Address Breakdown
Residential
13,621
Single Family
7,438
Multi-Family
6,183
Businesses
1,234
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
Single Family
Built in 2019
3,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77034, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,197 (100%) |
| Owner Occupied HU | 6,048 (45.8%) |
| Renter Occupied HU | 5,720 (43.3%) |
| Vacant Housing Units | 1,429 (10.8%) |
| Median Home Value | $217,337 |
| Average Home Value | $231,408 |
Housing Distribution
Address Breakdown
Residential
13,621
Single Family
7,438
Multi-Family
6,183
Businesses
1,234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices