10307 Rippling Fields DrHoustonTX77064
INVESTMENT ANALYSIS
Investment Verdict
Solid Income10307 Rippling Fields Dr, Houston, TX, 77064 in Houston carries a 1.52 coverage ratio, rent of $1,607/mo is 1.52 times the $1,055/mo payment. Rental yield 8.22%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $234,650 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $64,829; total projected cumulative return: $83,917.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $(96) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,607 |
| Total Monthly Debt Service | $1,609 |
| DSCR Ratio | 1.00x |
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 1979
7,244 sqft lot
$N/A/sqft
$407 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77064, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 10,077 (59.9%) |
| Renter Occupied HU | 6,068 (36.1%) |
| Vacant Housing Units | 671 ( 4.0%) |
| Median Home Value | $266,392 |
| Average Home Value | $279,106 |
Housing Distribution
Address Breakdown
Residential
16,818
Single Family
12,390
Multi-Family
4,428
Businesses
1,219
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 1979
7,244 sqft lot
$N/A/sqft
$407 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77064, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 10,077 (59.9%) |
| Renter Occupied HU | 6,068 (36.1%) |
| Vacant Housing Units | 671 ( 4.0%) |
| Median Home Value | $266,392 |
| Average Home Value | $279,106 |
Housing Distribution
Address Breakdown
Residential
16,818
Single Family
12,390
Multi-Family
4,428
Businesses
1,219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Lee • Mainstay Brokerage, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #28705352
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