3131 Cummins St APT 57HoustonTX77027
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 3131 Cummins St APT 57, Houston, TX, 77027 in Houston achieves a 1.76 ratio at $132,000: $1,046/mo rent versus $594/mo debt service. Rental yield 9.51%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.51% yield compounds alongside 5% annual appreciation projecting $36,469 in value. Total projected cumulative return: $24,985.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $(434) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,046 |
| Total Monthly Debt Service | $1,428 |
| DSCR Ratio | 0.73x |
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.
Condo
Built in 1969
1.88 Acres lot
$N/A/sqft
$530 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77027, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,283 (100%) |
| Owner Occupied HU | 3,389 (22.2%) |
| Renter Occupied HU | 10,229 (66.9%) |
| Vacant Housing Units | 1,665 (10.9%) |
| Median Home Value | $860,469 |
| Average Home Value | $1,007,266 |
Housing Distribution
Address Breakdown
Residential
14,769
Single Family
3,109
Multi-Family
11,660
Businesses
2,069
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 1969
1.88 Acres lot
$N/A/sqft
$530 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77027, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,283 (100%) |
| Owner Occupied HU | 3,389 (22.2%) |
| Renter Occupied HU | 10,229 (66.9%) |
| Vacant Housing Units | 1,665 (10.9%) |
| Median Home Value | $860,469 |
| Average Home Value | $1,007,266 |
Housing Distribution
Address Breakdown
Residential
14,769
Single Family
3,109
Multi-Family
11,660
Businesses
2,069
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Eureste • Tejas Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #73825872
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