14119 Waterville WayHoustonTX77015
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 14119 Waterville Way, Houston, TX, 77015 in Houston: $2,008/mo in rent, $630/mo net, 12.63% gross yield, all on a $190,774 acquisition. The 2.34 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $52,707 in value, and $1,757/yr in principal paydown steadily builds equity. Projected total cumulative return: $113,789.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.2% |
| Monthly Cash Flow | $630 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,008 |
| Total Monthly Debt Service | $1,302 |
| DSCR Ratio | 1.54x |
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 1971
7,753 sqft lot
$N/A/sqft
$21 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77015, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,647 (100%) |
| Owner Occupied HU | 9,361 (47.6%) |
| Renter Occupied HU | 8,742 (44.5%) |
| Vacant Housing Units | 1,544 ( 7.9%) |
| Median Home Value | $189,541 |
| Average Home Value | $256,734 |
Housing Distribution
Address Breakdown
Residential
18,481
Single Family
13,759
Multi-Family
4,722
Businesses
1,566
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 1971
7,753 sqft lot
$N/A/sqft
$21 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77015, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,647 (100%) |
| Owner Occupied HU | 9,361 (47.6%) |
| Renter Occupied HU | 8,742 (44.5%) |
| Vacant Housing Units | 1,544 ( 7.9%) |
| Median Home Value | $189,541 |
| Average Home Value | $256,734 |
Housing Distribution
Address Breakdown
Residential
18,481
Single Family
13,759
Multi-Family
4,722
Businesses
1,566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices