321 Hickory Ridge DrShenandoahTX77381
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 321 Hickory Ridge Dr, Shenandoah, TX, 77381 in Shenandoah speaks for itself: 13.3% gross on a $215,000 price, generating $2,383/mo in rent and $854/mo in net income after the $967/mo debt service. DSCR 2.46, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,251 stacks alongside $59,401 in projected five-year appreciation and $1,980/yr in principal reduction. Projected total cumulative return: $137,368.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.3% | 6.2% |
| Monthly Cash Flow | $854 | $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 | $2,383 |
| Total Monthly Debt Service | $1,443 |
| DSCR Ratio | 1.65x |
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.
Lot
Built in N/A
10,393 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77381, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,967 (100%) |
| Owner Occupied HU | 10,225 (73.2%) |
| Renter Occupied HU | 3,242 (23.2%) |
| Vacant Housing Units | 500 ( 3.6%) |
| Median Home Value | $484,769 |
| Average Home Value | $562,286 |
Housing Distribution
Address Breakdown
Residential
14,028
Single Family
11,924
Multi-Family
2,104
Businesses
519
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
Lot
Built in N/A
10,393 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77381, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,967 (100%) |
| Owner Occupied HU | 10,225 (73.2%) |
| Renter Occupied HU | 3,242 (23.2%) |
| Vacant Housing Units | 500 ( 3.6%) |
| Median Home Value | $484,769 |
| Average Home Value | $562,286 |
Housing Distribution
Address Breakdown
Residential
14,028
Single Family
11,924
Multi-Family
2,104
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices