3713 Wakeforest StHoustonTX77098
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3713 Wakeforest St, Houston, TX, 77098 in Houston carries a 1.62 coverage ratio, rent of $3,386/mo is 1.62 times the $2,090/mo payment. Rental yield 8.46%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $464,900 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $128,443; total projected cumulative return: $153,657.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $(699) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,386 |
| Total Monthly Debt Service | $3,616 |
| DSCR Ratio | 0.94x |
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.
Townhouse
Built in 1972
1,568 sqft lot
$N/A/sqft
$495 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77098, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,190 (100%) |
| Owner Occupied HU | 2,634 (23.5%) |
| Renter Occupied HU | 7,290 (65.1%) |
| Vacant Housing Units | 1,266 (11.3%) |
| Median Home Value | $750,000 |
| Average Home Value | $924,758 |
Housing Distribution
Address Breakdown
Residential
10,490
Single Family
3,337
Multi-Family
7,153
Businesses
1,797
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
Townhouse
Built in 1972
1,568 sqft lot
$N/A/sqft
$495 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77098, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,190 (100%) |
| Owner Occupied HU | 2,634 (23.5%) |
| Renter Occupied HU | 7,290 (65.1%) |
| Vacant Housing Units | 1,266 (11.3%) |
| Median Home Value | $750,000 |
| Average Home Value | $924,758 |
Housing Distribution
Address Breakdown
Residential
10,490
Single Family
3,337
Multi-Family
7,153
Businesses
1,797
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices