15 Legend LnHoustonDE19954
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt $314,900, 15 Legend Ln, Houston, DE, 19954 in Houston generates $1,970/mo in rent (7.51% yield) but nets only $148/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.39) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $87,001. Total projected return: $128,413.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 8.5% |
| Monthly Cash Flow | $148 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,970 |
| Total Monthly Debt Service | $1,697 |
| DSCR Ratio | 1.16x |
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.
Manufactured
Built in 1995
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19954, Houston, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 652 (100%) |
| Owner Occupied HU | 564 (86.5%) |
| Renter Occupied HU | 53 ( 8.1%) |
| Vacant Housing Units | 35 ( 5.4%) |
| Median Home Value | $408,015 |
| Average Home Value | $391,618 |
Housing Distribution
Address Breakdown
Residential
664
Single Family
664
Multi-Family
0
Businesses
26
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
Manufactured
Built in 1995
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19954, Houston, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 652 (100%) |
| Owner Occupied HU | 564 (86.5%) |
| Renter Occupied HU | 53 ( 8.1%) |
| Vacant Housing Units | 35 ( 5.4%) |
| Median Home Value | $408,015 |
| Average Home Value | $391,618 |
Housing Distribution
Address Breakdown
Residential
664
Single Family
664
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices