2437 N Boulevard ParkHoustonTX77098
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2437 N Boulevard Park, Houston, TX, 77098 in Houston hard to pass up. The 12.33% gross yield on a $599,000 purchase results in $6,155/mo in rent and $1,433/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.29). Annual cash flow of $17,198, five-year appreciation of $165,493, and $5,517/yr in equity build-up combine for a projected total cumulative return of $323,836.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 6.2% |
| Monthly Cash Flow | $1,433 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,155 |
| Total Monthly Debt Service | $4,483 |
| DSCR Ratio | 1.37x |
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 2002
1,377 sqft lot
$N/A/sqft
$462 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77098, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,190 (100%) |
| Owner Occupied HU | 2,634 (23.5%) |
| Renter Occupied HU | 7,290 (65.1%) |
| Vacant Housing Units | 1,266 (11.3%) |
| Median Home Value | $750,000 |
| Average Home Value | $924,758 |
Housing Distribution
Address Breakdown
Residential
10,490
Single Family
3,337
Multi-Family
7,153
Businesses
1,797
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 2002
1,377 sqft lot
$N/A/sqft
$462 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77098, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,190 (100%) |
| Owner Occupied HU | 2,634 (23.5%) |
| Renter Occupied HU | 7,290 (65.1%) |
| Vacant Housing Units | 1,266 (11.3%) |
| Median Home Value | $750,000 |
| Average Home Value | $924,758 |
Housing Distribution
Address Breakdown
Residential
10,490
Single Family
3,337
Multi-Family
7,153
Businesses
1,797
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices