2318 Shadowdale Dr #297HoustonTX77043
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2318 Shadowdale Dr #297, Houston, TX, 77043 in Houston. Priced at $237,300, it generates $2,470/mo in gross rent and $511/mo in net monthly cash flow, a 12.49% yield that comfortably supports the 2.31 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,133. Five-year appreciation: $65,562. Equity from principal paydown: $2,186/yr. Total projected cumulative return: $125,023.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 6.2% |
| Monthly Cash Flow | $511 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,470 |
| Total Monthly Debt Service | $1,864 |
| DSCR Ratio | 1.33x |
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.
Townhouse
Built in 1970
2,134 sqft lot
$N/A/sqft
$271 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77043, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,986 (100%) |
| Owner Occupied HU | 5,840 (45.0%) |
| Renter Occupied HU | 5,973 (46.0%) |
| Vacant Housing Units | 1,173 ( 9.0%) |
| Median Home Value | $403,744 |
| Average Home Value | $404,316 |
Housing Distribution
Address Breakdown
Residential
11,310
Single Family
6,765
Multi-Family
4,545
Businesses
1,402
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
Townhouse
Built in 1970
2,134 sqft lot
$N/A/sqft
$271 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77043, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,986 (100%) |
| Owner Occupied HU | 5,840 (45.0%) |
| Renter Occupied HU | 5,973 (46.0%) |
| Vacant Housing Units | 1,173 ( 9.0%) |
| Median Home Value | $403,744 |
| Average Home Value | $404,316 |
Housing Distribution
Address Breakdown
Residential
11,310
Single Family
6,765
Multi-Family
4,545
Businesses
1,402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices