3100 Walnut Bend Ln #310HoustonTX77042
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3100 Walnut Bend Ln #310, Houston, TX, 77042 in Houston hard to pass up. The 21.61% gross yield on a $138,500 purchase results in $2,494/mo in rent and $1,111/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (4.00). Annual cash flow of $13,328, five-year appreciation of $38,265, and $1,276/yr in equity build-up combine for a projected total cumulative return of $126,288.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.6% | 6.2% |
| Monthly Cash Flow | $1,111 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,494 |
| Total Monthly Debt Service | $1,328 |
| DSCR Ratio | 1.88x |
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.
Condo
Built in 1980
8.44 Acres lot
$N/A/sqft
$398 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77042, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,063 (100%) |
| Owner Occupied HU | 4,722 (19.6%) |
| Renter Occupied HU | 16,302 (67.7%) |
| Vacant Housing Units | 3,039 (12.6%) |
| Median Home Value | $397,155 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
20,718
Single Family
4,192
Multi-Family
16,526
Businesses
1,720
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 1980
8.44 Acres lot
$N/A/sqft
$398 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77042, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,063 (100%) |
| Owner Occupied HU | 4,722 (19.6%) |
| Renter Occupied HU | 16,302 (67.7%) |
| Vacant Housing Units | 3,039 (12.6%) |
| Median Home Value | $397,155 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
20,718
Single Family
4,192
Multi-Family
16,526
Businesses
1,720
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices