3415 Limestone Sky CtHoustonTX77059
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3415 Limestone Sky Ct, Houston, TX, 77059 in Houston carries a 1.56 coverage ratio, rent of $6,974/mo is 1.56 times the $4,474/mo payment. Rental yield 8.41%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $995,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $274,900; total projected cumulative return: $369,488.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $(189) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,974 |
| Total Monthly Debt Service | $6,767 |
| DSCR Ratio | 1.03x |
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.
Single Family
Built in 2016
0.26 Acres lot
$N/A/sqft
$1,049 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77059, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,752 (100%) |
| Owner Occupied HU | 5,727 (84.8%) |
| Renter Occupied HU | 862 (12.8%) |
| Vacant Housing Units | 163 ( 2.4%) |
| Median Home Value | $390,826 |
| Average Home Value | $433,427 |
Housing Distribution
Address Breakdown
Residential
6,722
Single Family
6,470
Multi-Family
252
Businesses
103
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 2016
0.26 Acres lot
$N/A/sqft
$1,049 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77059, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,752 (100%) |
| Owner Occupied HU | 5,727 (84.8%) |
| Renter Occupied HU | 862 (12.8%) |
| Vacant Housing Units | 163 ( 2.4%) |
| Median Home Value | $390,826 |
| Average Home Value | $433,427 |
Housing Distribution
Address Breakdown
Residential
6,722
Single Family
6,470
Multi-Family
252
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy Sharpe • Realty Associates
Mls Name: HAR
Mls Provider:
Mls ID: #61126299
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