6 Granite Path PlSpringTX77389
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.63 makes 6 Granite Path Pl, Spring, TX, 77389 in Spring one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.81%. The 8.81% yield, 5% annual appreciation ($140,765 over five years), and $4,693/yr in principal reduction project a total cumulative return of $140,187.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.1% |
| Monthly Cash Flow | $(926) | $1,850 |
City averages based on Spring market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,739 |
| Total Monthly Debt Service | $4,462 |
| DSCR Ratio | 0.84x |
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.
Single Family
Built in 2008
7,492 sqft lot
$N/A/sqft
$1,042 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77389, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,120 (100%) |
| Owner Occupied HU | 11,222 (65.5%) |
| Renter Occupied HU | 4,904 (28.6%) |
| Vacant Housing Units | 994 ( 5.8%) |
| Median Home Value | $435,407 |
| Average Home Value | $525,589 |
Housing Distribution
Address Breakdown
Residential
16,873
Single Family
13,822
Multi-Family
3,051
Businesses
535
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 2008
7,492 sqft lot
$N/A/sqft
$1,042 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77389, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,120 (100%) |
| Owner Occupied HU | 11,222 (65.5%) |
| Renter Occupied HU | 4,904 (28.6%) |
| Vacant Housing Units | 994 ( 5.8%) |
| Median Home Value | $435,407 |
| Average Home Value | $525,589 |
Housing Distribution
Address Breakdown
Residential
16,873
Single Family
13,822
Multi-Family
3,051
Businesses
535
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices