42 N Belfair PlSpringTX77382
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 42 N Belfair Pl, Spring, TX, 77382 in Spring speaks for itself: 11.79% gross on a $336,100 price, generating $3,301/mo in rent and $911/mo in net income after the $1,511/mo debt service. DSCR 2.18, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,934 stacks alongside $92,858 in projected five-year appreciation and $3,096/yr in principal reduction. Projected total cumulative return: $187,430.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.1% |
| Monthly Cash Flow | $911 | $1,850 |
City averages based on Spring market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,301 |
| Total Monthly Debt Service | $2,256 |
| DSCR Ratio | 1.46x |
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 1998
7,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77382, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,003 (100%) |
| Owner Occupied HU | 10,318 (73.7%) |
| Renter Occupied HU | 3,029 (21.6%) |
| Vacant Housing Units | 656 ( 4.7%) |
| Median Home Value | $573,705 |
| Average Home Value | $681,922 |
Housing Distribution
Address Breakdown
Residential
13,684
Single Family
12,331
Multi-Family
1,353
Businesses
297
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 1998
7,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77382, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,003 (100%) |
| Owner Occupied HU | 10,318 (73.7%) |
| Renter Occupied HU | 3,029 (21.6%) |
| Vacant Housing Units | 656 ( 4.7%) |
| Median Home Value | $573,705 |
| Average Home Value | $681,922 |
Housing Distribution
Address Breakdown
Residential
13,684
Single Family
12,331
Multi-Family
1,353
Businesses
297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices