10015 Sagegate DrHoustonTX77089
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 10015 Sagegate Dr, Houston, TX, 77089 in Houston hard to pass up. The 11.87% gross yield on a $271,800 purchase results in $2,689/mo in rent and $739/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.20). Annual cash flow of $8,873, five-year appreciation of $75,093, and $2,503/yr in equity build-up combine for a projected total cumulative return of $151,832.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.2% |
| Monthly Cash Flow | $739 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,689 |
| Total Monthly Debt Service | $1,842 |
| DSCR Ratio | 1.46x |
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 1980
7,797 sqft lot
$N/A/sqft
$17 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77089, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,319 (100%) |
| Owner Occupied HU | 13,025 (67.4%) |
| Renter Occupied HU | 5,404 (28.0%) |
| Vacant Housing Units | 890 ( 4.6%) |
| Median Home Value | $271,918 |
| Average Home Value | $299,359 |
Housing Distribution
Address Breakdown
Residential
19,373
Single Family
15,205
Multi-Family
4,168
Businesses
689
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 1980
7,797 sqft lot
$N/A/sqft
$17 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77089, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,319 (100%) |
| Owner Occupied HU | 13,025 (67.4%) |
| Renter Occupied HU | 5,404 (28.0%) |
| Vacant Housing Units | 890 ( 4.6%) |
| Median Home Value | $271,918 |
| Average Home Value | $299,359 |
Housing Distribution
Address Breakdown
Residential
19,373
Single Family
15,205
Multi-Family
4,168
Businesses
689
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices