2047 Westcreek Ln UNIT 510HoustonTX77027
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 2047 Westcreek Ln UNIT 510, Houston, TX, 77027 in Houston achieves a 1.66 ratio at $750,000: $5,593/mo rent versus $3,372/mo debt service. Rental yield 8.95%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.95% yield compounds alongside 5% annual appreciation projecting $207,211 in value. Total projected cumulative return: $212,104.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $(1,274) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,593 |
| Total Monthly Debt Service | $6,569 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2017
N/A lot
$N/A/sqft
$1,198 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77027, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,283 (100%) |
| Owner Occupied HU | 3,389 (22.2%) |
| Renter Occupied HU | 10,229 (66.9%) |
| Vacant Housing Units | 1,665 (10.9%) |
| Median Home Value | $860,469 |
| Average Home Value | $1,007,266 |
Housing Distribution
Address Breakdown
Residential
14,769
Single Family
3,109
Multi-Family
11,660
Businesses
2,069
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
Condo
Built in 2017
N/A lot
$N/A/sqft
$1,198 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77027, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,283 (100%) |
| Owner Occupied HU | 3,389 (22.2%) |
| Renter Occupied HU | 10,229 (66.9%) |
| Vacant Housing Units | 1,665 (10.9%) |
| Median Home Value | $860,469 |
| Average Home Value | $1,007,266 |
Housing Distribution
Address Breakdown
Residential
14,769
Single Family
3,109
Multi-Family
11,660
Businesses
2,069
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices