1740 Us Highway 70SpringlakeTX79082
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 1740 Us Highway 70, Springlake, TX, 79082 in Springlake achieves 1.54, rent of $3,077/mo covers the $2,001/mo payment 1.5x over at $445,000. Rental yield 8.3%. 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 $122,945 over five years, with $4,098/yr in principal reduction bringing total projected return to $164,918.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $(88) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,077 |
| Total Monthly Debt Service | $2,987 |
| DSCR Ratio | 1.03x |
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 1970
3.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79082, Springlake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 166 (100%) |
| Owner Occupied HU | 96 (57.8%) |
| Renter Occupied HU | 34 (20.5%) |
| Vacant Housing Units | 36 (21.7%) |
| Median Home Value | $175,000 |
| Average Home Value | $276,510 |
Housing Distribution
Address Breakdown
Residential
50
Single Family
50
Multi-Family
0
Businesses
21
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 1970
3.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79082, Springlake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 166 (100%) |
| Owner Occupied HU | 96 (57.8%) |
| Renter Occupied HU | 34 (20.5%) |
| Vacant Housing Units | 36 (21.7%) |
| Median Home Value | $175,000 |
| Average Home Value | $276,510 |
Housing Distribution
Address Breakdown
Residential
50
Single Family
50
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: LBMLS
Mls ID: #202607170