3342 Kelton StHoustonTX77021
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3342 Kelton St, Houston, TX, 77021 in Houston is capital appreciation. Rental yield 5.15%. The 5.15% gross yield at $385,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $106,368 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.95) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $77,704.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 6.2% |
| Monthly Cash Flow | $(1,085) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,652 |
| Total Monthly Debt Service | $2,585 |
| DSCR Ratio | 0.64x |
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 2024
2,626 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77021, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,626 (100%) |
| Owner Occupied HU | 4,712 (34.6%) |
| Renter Occupied HU | 7,334 (53.8%) |
| Vacant Housing Units | 1,580 (11.6%) |
| Median Home Value | $230,164 |
| Average Home Value | $307,104 |
Housing Distribution
Address Breakdown
Residential
12,025
Single Family
7,670
Multi-Family
4,355
Businesses
875
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 2024
2,626 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77021, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,626 (100%) |
| Owner Occupied HU | 4,712 (34.6%) |
| Renter Occupied HU | 7,334 (53.8%) |
| Vacant Housing Units | 1,580 (11.6%) |
| Median Home Value | $230,164 |
| Average Home Value | $307,104 |
Housing Distribution
Address Breakdown
Residential
12,025
Single Family
7,670
Multi-Family
4,355
Businesses
875
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rose Yannakis • Keller Williams Preferred
Mls Name: HAR
Mls Provider:
Mls ID: #36045343
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