3213 Hirschfield Rd #4SpringTX77373
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3213 Hirschfield Rd #4, Spring, TX, 77373 in Spring is capital appreciation. Rental yield 4.58%. The 4.58% gross yield at $427,904 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $118,222 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.85) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $71,117.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.1% |
| Monthly Cash Flow | $(1,446) | $1,850 |
City averages based on Spring market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,633 |
| Total Monthly Debt Service | $2,909 |
| DSCR Ratio | 0.56x |
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.
Apartment
Built in 1983
9,500 sqft lot
$N/A/sqft
$36 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77373, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,265 (100%) |
| Owner Occupied HU | 18,365 (69.9%) |
| Renter Occupied HU | 6,633 (25.3%) |
| Vacant Housing Units | 1,267 ( 4.8%) |
| Median Home Value | $258,193 |
| Average Home Value | $296,393 |
Housing Distribution
Address Breakdown
Residential
25,827
Single Family
23,355
Multi-Family
2,472
Businesses
998
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
Apartment
Built in 1983
9,500 sqft lot
$N/A/sqft
$36 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77373, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,265 (100%) |
| Owner Occupied HU | 18,365 (69.9%) |
| Renter Occupied HU | 6,633 (25.3%) |
| Vacant Housing Units | 1,267 ( 4.8%) |
| Median Home Value | $258,193 |
| Average Home Value | $296,393 |
Housing Distribution
Address Breakdown
Residential
25,827
Single Family
23,355
Multi-Family
2,472
Businesses
998
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices