118 W Doverfield DrHoustonTX77037
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 118 W Doverfield Dr, Houston, TX, 77037 in Houston is narrow, $149/mo net on $2,054/mo rent after the $1,205/mo debt service, but the property operates at break-even-plus, not a loss. At $268,000 with a 9.2% yield, the long-run equity case via 5% appreciation ($74,043 over five years) and $2,468/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.70 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $112,232.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $149 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,054 |
| Total Monthly Debt Service | $1,799 |
| DSCR Ratio | 1.14x |
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 1968
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77037, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,368 (100%) |
| Owner Occupied HU | 3,304 (61.5%) |
| Renter Occupied HU | 1,799 (33.5%) |
| Vacant Housing Units | 265 ( 4.9%) |
| Median Home Value | $176,266 |
| Average Home Value | $238,490 |
Housing Distribution
Address Breakdown
Residential
5,357
Single Family
4,803
Multi-Family
554
Businesses
1,322
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 1968
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77037, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,368 (100%) |
| Owner Occupied HU | 3,304 (61.5%) |
| Renter Occupied HU | 1,799 (33.5%) |
| Vacant Housing Units | 265 ( 4.9%) |
| Median Home Value | $176,266 |
| Average Home Value | $238,490 |
Housing Distribution
Address Breakdown
Residential
5,357
Single Family
4,803
Multi-Family
554
Businesses
1,322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices