17746 S Cypress Villas DrSpringTX77379
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 17746 S Cypress Villas Dr, Spring, TX, 77379 in Spring achieves 1.54, rent of $1,447/mo covers the $940/mo payment 1.5x over at $209,000. Rental yield 8.31%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $57,743 over five years, with $1,925/yr in principal reduction bringing total projected return to $71,258.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.1% |
| Monthly Cash Flow | $(144) | $1,850 |
City averages based on Spring market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,447 |
| Total Monthly Debt Service | $1,508 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1984
5,998 sqft lot
$N/A/sqft
$534 annually 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 1984
5,998 sqft lot
$N/A/sqft
$534 annually 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
Listed by: Mark Truemper • RE/MAX Partners
Mls Name: HAR
Mls Provider:
Mls ID: #90436476
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