10102 Wiggins StHoustonTX77029
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 10102 Wiggins St, Houston, TX, 77029 in Houston. Priced at $239,999, it generates $2,242/mo in gross rent and $535/mo in net monthly cash flow, a 11.21% yield that comfortably supports the 2.08 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,419. Five-year appreciation: $66,307. Equity from principal paydown: $2,210/yr. Total projected cumulative return: $126,425.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.2% |
| Monthly Cash Flow | $535 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,242 |
| Total Monthly Debt Service | $1,611 |
| DSCR Ratio | 1.39x |
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 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77029, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,368 (100%) |
| Owner Occupied HU | 3,562 (55.9%) |
| Renter Occupied HU | 2,279 (35.8%) |
| Vacant Housing Units | 527 ( 8.3%) |
| Median Home Value | $116,890 |
| Average Home Value | $187,162 |
Housing Distribution
Address Breakdown
Residential
6,296
Single Family
5,781
Multi-Family
515
Businesses
1,150
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 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77029, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,368 (100%) |
| Owner Occupied HU | 3,562 (55.9%) |
| Renter Occupied HU | 2,279 (35.8%) |
| Vacant Housing Units | 527 ( 8.3%) |
| Median Home Value | $116,890 |
| Average Home Value | $187,162 |
Housing Distribution
Address Breakdown
Residential
6,296
Single Family
5,781
Multi-Family
515
Businesses
1,150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices