7538 Primrose Myrtle LnCypressTX77433
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 7538 Primrose Myrtle Ln, Cypress, TX, 77433 in Cypress achieves 1.50, rent of $2,234/mo covers the $1,494/mo payment 1.5x over at $332,190. Rental yield 8.07%. 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 $91,778 over five years, with $3,060/yr in principal reduction bringing total projected return to $114,783.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.8% |
| Monthly Cash Flow | $(199) | $250 |
City averages based on Cypress market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,234 |
| Total Monthly Debt Service | $2,301 |
| DSCR Ratio | 0.97x |
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
5,303 sqft lot
$N/A/sqft
$850 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77433, Cypress, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,531 (100%) |
| Owner Occupied HU | 35,404 (77.8%) |
| Renter Occupied HU | 7,715 (16.9%) |
| Vacant Housing Units | 2,412 ( 5.3%) |
| Median Home Value | $399,699 |
| Average Home Value | $445,853 |
Housing Distribution
Address Breakdown
Residential
41,894
Single Family
37,471
Multi-Family
4,423
Businesses
1,679
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
5,303 sqft lot
$N/A/sqft
$850 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77433, Cypress, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,531 (100%) |
| Owner Occupied HU | 35,404 (77.8%) |
| Renter Occupied HU | 7,715 (16.9%) |
| Vacant Housing Units | 2,412 ( 5.3%) |
| Median Home Value | $399,699 |
| Average Home Value | $445,853 |
Housing Distribution
Address Breakdown
Residential
41,894
Single Family
37,471
Multi-Family
4,423
Businesses
1,679
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bobbie Alexander • Alexander Properties
Mls Name: HAR
Mls Provider:
Mls ID: #9433802
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