2833 Panagard Dr #39HoustonTX77082
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.69, 2833 Panagard Dr #39, Houston, TX, 77082 in Houston sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 9.12%. The 9.12% yield is backed by 5% annual appreciation projecting $46,692 in value gain, plus $1,557/yr in principal reduction. Total projected cumulative return: $46,675.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $(308) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,284 |
| Total Monthly Debt Service | $1,525 |
| DSCR Ratio | 0.84x |
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.
Townhouse
Built in 1981
1,270 sqft lot
$N/A/sqft
$390 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77082, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,510 (100%) |
| Owner Occupied HU | 8,364 (32.8%) |
| Renter Occupied HU | 15,382 (60.3%) |
| Vacant Housing Units | 1,764 ( 6.9%) |
| Median Home Value | $280,305 |
| Average Home Value | $429,694 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
10,344
Multi-Family
13,729
Businesses
1,182
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 1981
1,270 sqft lot
$N/A/sqft
$390 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77082, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,510 (100%) |
| Owner Occupied HU | 8,364 (32.8%) |
| Renter Occupied HU | 15,382 (60.3%) |
| Vacant Housing Units | 1,764 ( 6.9%) |
| Median Home Value | $280,305 |
| Average Home Value | $429,694 |
Housing Distribution
Address Breakdown
Residential
24,073
Single Family
10,344
Multi-Family
13,729
Businesses
1,182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Haley • Coton House
Mls Name: HAR
Mls Provider:
Mls ID: #33445326
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