14623 Monterey Cypress DrHoustonTX77068
INVESTMENT ANALYSIS
Investment Verdict
Solid Income14623 Monterey Cypress Dr, Houston, TX, 77068 in Houston is a solid income-producing rental, 9.82% gross yield, $3,029/mo rent, $310/mo net cash flow on a $339,000 buy. DSCR 1.99 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $93,659 and $3,122/yr in principal reduction project a total cumulative return of $166,495.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.2% |
| Monthly Cash Flow | $310 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,029 |
| Total Monthly Debt Service | $2,330 |
| DSCR Ratio | 1.30x |
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 2020
5,623 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77068, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,000 (100%) |
| Owner Occupied HU | 3,202 (64.0%) |
| Renter Occupied HU | 1,447 (28.9%) |
| Vacant Housing Units | 351 ( 7.0%) |
| Median Home Value | $334,734 |
| Average Home Value | $368,275 |
Housing Distribution
Address Breakdown
Residential
5,220
Single Family
3,620
Multi-Family
1,600
Businesses
732
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 2020
5,623 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77068, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,000 (100%) |
| Owner Occupied HU | 3,202 (64.0%) |
| Renter Occupied HU | 1,447 (28.9%) |
| Vacant Housing Units | 351 ( 7.0%) |
| Median Home Value | $334,734 |
| Average Home Value | $368,275 |
Housing Distribution
Address Breakdown
Residential
5,220
Single Family
3,620
Multi-Family
1,600
Businesses
732
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Koshy Oommen • Worth Clark Realty
Mls Name: HAR
Mls Provider:
Mls ID: #8998548
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