306 W Donovan StHoustonTX77091
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 306 W Donovan St, Houston, TX, 77091 in Houston the bet is firmly on appreciation. Rental yield 4.63%. The 4.63% gross yield on a $400,000 price is below income-first thresholds, but 5%/yr value growth projects $110,513 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.86) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $69,550.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.2% |
| Monthly Cash Flow | $(1,301) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,543 |
| Total Monthly Debt Service | $2,685 |
| DSCR Ratio | 0.57x |
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.
Single Family
Built in 2022
2,012 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77091, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,209 (100%) |
| Owner Occupied HU | 5,453 (44.7%) |
| Renter Occupied HU | 5,792 (47.4%) |
| Vacant Housing Units | 964 ( 7.9%) |
| Median Home Value | $257,704 |
| Average Home Value | $282,929 |
Housing Distribution
Address Breakdown
Residential
11,992
Single Family
6,445
Multi-Family
5,547
Businesses
958
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 2022
2,012 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77091, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,209 (100%) |
| Owner Occupied HU | 5,453 (44.7%) |
| Renter Occupied HU | 5,792 (47.4%) |
| Vacant Housing Units | 964 ( 7.9%) |
| Median Home Value | $257,704 |
| Average Home Value | $282,929 |
Housing Distribution
Address Breakdown
Residential
11,992
Single Family
6,445
Multi-Family
5,547
Businesses
958
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices