17710 Sugar Magnolia LnSpringTX77379
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow17710 Sugar Magnolia Ln, Spring, TX, 77379 in Spring is a solid income-producing rental, 10.3% gross yield, $2,402/mo rent, $337/mo net cash flow on a $279,900 buy. DSCR 1.91 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $77,331 and $2,578/yr in principal reduction project a total cumulative return of $133,732.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.1% |
| Monthly Cash Flow | $337 | $1,850 |
City averages based on Spring 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 | $2,402 |
| Total Monthly Debt Service | $1,879 |
| DSCR Ratio | 1.28x |
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 2020
4,800 sqft 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
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 2020
4,800 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices