42 Tranquil Glade PlSpringTX77381
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 42 Tranquil Glade Pl, Spring, TX, 77381 in Spring achieves 1.56, rent of $3,221/mo covers the $2,064/mo payment 1.5x over at $459,000. Rental yield 8.42%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $126,813 over five years, with $4,227/yr in principal reduction bringing total projected return to $173,128.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.1% |
| Monthly Cash Flow | $(43) | $1,850 |
City averages based on Spring market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,221 |
| Total Monthly Debt Service | $3,081 |
| DSCR Ratio | 1.05x |
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 1995
8,485 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
Single Family
Built in 1995
8,485 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