603 Louis LnCoveTX77523
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 603 Louis Ln, Cove, TX, 77523 in Cove clears it at 1.55, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 8.34%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $74,378; $2,479/yr in principal equity; total projected return: $95,866.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $(118) | $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 | $1,871 |
| Total Monthly Debt Service | $1,882 |
| DSCR Ratio | 0.99x |
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 2025
9,003 sqft lot
$N/A/sqft
$900 annually HOA
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 2025
9,003 sqft lot
$N/A/sqft
$900 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angeline Clark • Monarch Real Estate & Ranch
Mls Name: HAR
Mls Provider:
Mls ID: #27254932
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