18403 Point Lookout DrHoustonTX77058
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 18403 Point Lookout Dr, Houston, TX, 77058 in Houston deserves attention. This $418,800 property earns $3,510/mo in rent, a 10.06% gross yield, and nets $523/mo after the $1,883/mo payment. DSCR 1.86 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $115,707 compounds alongside $3,857/yr in yearly equity build, for a total cumulative return of $194,199.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.2% |
| Monthly Cash Flow | $523 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,510 |
| Total Monthly Debt Service | $2,821 |
| DSCR Ratio | 1.24x |
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 1966
10,193 sqft lot
$N/A/sqft
$9 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77058, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 3,382 (31.9%) |
| Renter Occupied HU | 6,079 (57.4%) |
| Vacant Housing Units | 1,133 (10.7%) |
| Median Home Value | $306,272 |
| Average Home Value | $351,134 |
Housing Distribution
Address Breakdown
Residential
10,791
Single Family
2,819
Multi-Family
7,972
Businesses
1,562
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 1966
10,193 sqft lot
$N/A/sqft
$9 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77058, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,594 (100%) |
| Owner Occupied HU | 3,382 (31.9%) |
| Renter Occupied HU | 6,079 (57.4%) |
| Vacant Housing Units | 1,133 (10.7%) |
| Median Home Value | $306,272 |
| Average Home Value | $351,134 |
Housing Distribution
Address Breakdown
Residential
10,791
Single Family
2,819
Multi-Family
7,972
Businesses
1,562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices