15407 La Jolla LnHoustonTX77060
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 15407 La Jolla Ln, Houston, TX, 77060 in Houston. At $229,200 it earns $2,146/mo in rent and distributes $334/mo to the owner after the $1,031/mo payment, a consistent 11.23% yield. DSCR 2.08 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $63,324 in value; $2,111/yr in principal paydown compounds ownership stake. Total projected return: $110,099.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.2% |
| Monthly Cash Flow | $334 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,146 |
| Total Monthly Debt Service | $1,721 |
| DSCR Ratio | 1.25x |
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 1970
6,577 sqft lot
$N/A/sqft
$182 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77060, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,872 (100%) |
| Owner Occupied HU | 3,434 (20.4%) |
| Renter Occupied HU | 11,801 (69.9%) |
| Vacant Housing Units | 1,637 ( 9.7%) |
| Median Home Value | $158,412 |
| Average Home Value | $224,427 |
Housing Distribution
Address Breakdown
Residential
15,712
Single Family
4,825
Multi-Family
10,887
Businesses
2,209
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 1970
6,577 sqft lot
$N/A/sqft
$182 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77060, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,872 (100%) |
| Owner Occupied HU | 3,434 (20.4%) |
| Renter Occupied HU | 11,801 (69.9%) |
| Vacant Housing Units | 1,637 ( 9.7%) |
| Median Home Value | $158,412 |
| Average Home Value | $224,427 |
Housing Distribution
Address Breakdown
Residential
15,712
Single Family
4,825
Multi-Family
10,887
Businesses
2,209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices