5110 San Felipe St UNIT 253HoustonTX77056
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 5110 San Felipe St UNIT 253, Houston, TX, 77056 in Houston achieves 2.05, rent of $5,243/mo covers the $2,559/mo payment 1.5x over at $569,000. Rental yield 11.06%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $157,204 over five years, with $5,241/yr in principal reduction bringing total projected return to $147,785.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.2% |
| Monthly Cash Flow | $(1,257) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,243 |
| Total Monthly Debt Service | $6,274 |
| DSCR Ratio | 0.84x |
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 1981
N/A lot
$N/A/sqft
$2,454 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77056, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,264 (100%) |
| Owner Occupied HU | 4,757 (29.2%) |
| Renter Occupied HU | 9,065 (55.7%) |
| Vacant Housing Units | 2,442 (15.0%) |
| Median Home Value | $765,546 |
| Average Home Value | $1,010,304 |
Housing Distribution
Address Breakdown
Residential
15,717
Single Family
3,539
Multi-Family
12,178
Businesses
2,208
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 1981
N/A lot
$N/A/sqft
$2,454 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77056, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,264 (100%) |
| Owner Occupied HU | 4,757 (29.2%) |
| Renter Occupied HU | 9,065 (55.7%) |
| Vacant Housing Units | 2,442 (15.0%) |
| Median Home Value | $765,546 |
| Average Home Value | $1,010,304 |
Housing Distribution
Address Breakdown
Residential
15,717
Single Family
3,539
Multi-Family
12,178
Businesses
2,208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jo Reid • Greenwood King Properties - Voss Office
Mls Name: HAR
Mls Provider:
Mls ID: #81262453
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