31007 Newcomb Landing LnWallerTX77484
INVESTMENT ANALYSIS
Investment Verdict
Solid Income31007 Newcomb Landing Ln, Waller, TX, 77484 in Waller is a solid income-producing rental, 9.96% gross yield, $2,615/mo rent, $275/mo net cash flow on a $314,990 buy. DSCR 1.85 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $87,026 and $2,901/yr in principal reduction project a total cumulative return of $138,870.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $275 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,615 |
| Total Monthly Debt Service | $2,215 |
| DSCR Ratio | 1.18x |
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 2025
6,490 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77484, Waller, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 3,507 (63.1%) |
| Renter Occupied HU | 1,528 (27.5%) |
| Vacant Housing Units | 519 ( 9.3%) |
| Median Home Value | $338,828 |
| Average Home Value | $419,791 |
Housing Distribution
Address Breakdown
Residential
5,374
Single Family
4,936
Multi-Family
438
Businesses
511
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 2025
6,490 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77484, Waller, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 3,507 (63.1%) |
| Renter Occupied HU | 1,528 (27.5%) |
| Vacant Housing Units | 519 ( 9.3%) |
| Median Home Value | $338,828 |
| Average Home Value | $419,791 |
Housing Distribution
Address Breakdown
Residential
5,374
Single Family
4,936
Multi-Family
438
Businesses
511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Chavana • M/I Homes
Mls Name: HAR
Mls Provider:
Mls ID: #13177224
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