1212 Fairview Ave APT IHoustonTX77006
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Houston rental at 1212 Fairview Ave APT I, Houston, TX, 77006 sits in the solid-income band: 11.46% gross yield, $2,914/mo rent, $380/mo net after the $1,371/mo debt service, DSCR 2.13. Entry price of $305,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $84,266 and $2,809/yr in principal reduction bring total cumulative return to $164,858.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.2% |
| Monthly Cash Flow | $380 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,914 |
| Total Monthly Debt Service | $2,048 |
| DSCR Ratio | 1.42x |
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.
Townhouse
Built in 1981
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,048 (100%) |
| Owner Occupied HU | 4,703 (29.3%) |
| Renter Occupied HU | 9,510 (59.3%) |
| Vacant Housing Units | 1,835 (11.4%) |
| Median Home Value | $584,748 |
| Average Home Value | $699,120 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
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
Townhouse
Built in 1981
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,048 (100%) |
| Owner Occupied HU | 4,703 (29.3%) |
| Renter Occupied HU | 9,510 (59.3%) |
| Vacant Housing Units | 1,835 (11.4%) |
| Median Home Value | $584,748 |
| Average Home Value | $699,120 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices