12703 W Hardy RdHoustonTX77037
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 12703 W Hardy Rd, Houston, TX, 77037 in Houston. Priced at $275,000, it generates $2,599/mo in gross rent and $644/mo in net monthly cash flow, a 11.34% yield that comfortably supports the 2.10 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,723. Five-year appreciation: $75,977. Equity from principal paydown: $2,533/yr. Total projected cumulative return: $146,787.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.2% |
| Monthly Cash Flow | $644 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,599 |
| Total Monthly Debt Service | $1,846 |
| DSCR Ratio | 1.41x |
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 1960
5,610 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 1960
5,610 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