12718 Park Forest DrCypressTX77429
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 12718 Park Forest Dr, Cypress, TX, 77429 in Cypress deserves attention. This $294,900 property earns $2,657/mo in rent, a 10.81% gross yield, and nets $552/mo after the $1,398/mo payment. DSCR 1.90 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $81,475 compounds alongside $2,472/yr in yearly equity build, for a total cumulative return of $143,522.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 5.8% |
| Monthly Cash Flow | $552 | $250 |
City averages based on Cypress market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,657 |
| Total Monthly Debt Service | $2,052 |
| DSCR Ratio | 1.30x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77429, Cypress, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,613 (100%) |
| Owner Occupied HU | 25,546 (76.0%) |
| Renter Occupied HU | 7,150 (21.3%) |
| Vacant Housing Units | 917 ( 2.7%) |
| Median Home Value | $371,673 |
| Average Home Value | $405,431 |
Housing Distribution
Address Breakdown
Residential
33,064
Single Family
29,175
Multi-Family
3,889
Businesses
1,782
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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
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Nearby investment properties with comparable prices
