10616 Exeter StHoustonTX77093
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 10616 Exeter St, Houston, TX, 77093 in Houston. Priced at $307,700, it generates $2,902/mo in gross rent and $713/mo in net monthly cash flow, a 11.32% yield that comfortably supports the 2.10 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,562. Five-year appreciation: $85,012. Equity from principal paydown: $2,834/yr. Total projected cumulative return: $163,825.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.2% |
| Monthly Cash Flow | $713 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,902 |
| Total Monthly Debt Service | $2,066 |
| DSCR Ratio | 1.40x |
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 1985
6,577 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77093, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,431 (100%) |
| Owner Occupied HU | 7,623 (52.8%) |
| Renter Occupied HU | 5,858 (40.6%) |
| Vacant Housing Units | 950 ( 6.6%) |
| Median Home Value | $154,294 |
| Average Home Value | $213,061 |
Housing Distribution
Address Breakdown
Residential
13,925
Single Family
12,571
Multi-Family
1,354
Businesses
1,296
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 1985
6,577 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77093, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,431 (100%) |
| Owner Occupied HU | 7,623 (52.8%) |
| Renter Occupied HU | 5,858 (40.6%) |
| Vacant Housing Units | 950 ( 6.6%) |
| Median Home Value | $154,294 |
| Average Home Value | $213,061 |
Housing Distribution
Address Breakdown
Residential
13,925
Single Family
12,571
Multi-Family
1,354
Businesses
1,296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices