404 Westheimer RdHoustonTX77006
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 404 Westheimer Rd, Houston, TX, 77006 in Houston. Rental yield 1.13%. At $1,750,000 with 1.13% gross yield, current distributions are modest, but the 5% appreciation rate projects $483,493 in new equity by year five, complemented by $16,118/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.21) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.1% | 6.2% |
| Monthly Cash Flow | $(10,796) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,649 |
| Total Monthly Debt Service | $11,748 |
| DSCR Ratio | 0.14x |
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.
Multi Family
Built in 1940
5,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,048 (100%) |
| Owner Occupied HU | 4,703 (29.3%) |
| Renter Occupied HU | 9,510 (59.3%) |
| Vacant Housing Units | 1,835 (11.4%) |
| Median Home Value | $584,748 |
| Average Home Value | $699,120 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
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
Multi Family
Built in 1940
5,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77006, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,048 (100%) |
| Owner Occupied HU | 4,703 (29.3%) |
| Renter Occupied HU | 9,510 (59.3%) |
| Vacant Housing Units | 1,835 (11.4%) |
| Median Home Value | $584,748 |
| Average Home Value | $699,120 |
Housing Distribution
Address Breakdown
Residential
16,540
Single Family
7,006
Multi-Family
9,534
Businesses
1,141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Curran • Compass RE Texas, LLC - Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #21868432
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