31 Chestnut Hill CtSpringTX77380
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play31 Chestnut Hill Ct, Spring, TX, 77380 in Spring is priced for appreciation, not yield. Rental yield 4.25%. At $1,395,000 with a 4.25% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $385,413 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.79) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $214,134.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.1% |
| Monthly Cash Flow | $(4,979) | $1,850 |
City averages based on Spring market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,941 |
| Total Monthly Debt Service | $9,365 |
| DSCR Ratio | 0.53x |
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 1993
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77380, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,139 (100%) |
| Owner Occupied HU | 5,064 (31.4%) |
| Renter Occupied HU | 9,258 (57.4%) |
| Vacant Housing Units | 1,817 (11.3%) |
| Median Home Value | $480,318 |
| Average Home Value | $609,099 |
Housing Distribution
Address Breakdown
Residential
15,423
Single Family
7,374
Multi-Family
8,049
Businesses
2,755
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 1993
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77380, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,139 (100%) |
| Owner Occupied HU | 5,064 (31.4%) |
| Renter Occupied HU | 9,258 (57.4%) |
| Vacant Housing Units | 1,817 (11.3%) |
| Median Home Value | $480,318 |
| Average Home Value | $609,099 |
Housing Distribution
Address Breakdown
Residential
15,423
Single Family
7,374
Multi-Family
8,049
Businesses
2,755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Torrance Hearn • Compass RE Texas, LLC - The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #98348499
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