5502 Evening Shore DrHoustonTX77041
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 5502 Evening Shore Dr, Houston, TX, 77041 in Houston: $5,538/mo in rent, $936/mo net, 10.63% gross yield, all on a $625,000 acquisition. The 1.97 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $172,676 in value, and $5,756/yr in principal paydown steadily builds equity. Projected total cumulative return: $300,478.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $936 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,538 |
| Total Monthly Debt Service | $4,353 |
| DSCR Ratio | 1.27x |
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 1995
9,260 sqft lot
$N/A/sqft
$1,890 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77041, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,774 (100%) |
| Owner Occupied HU | 8,334 (65.2%) |
| Renter Occupied HU | 3,734 (29.2%) |
| Vacant Housing Units | 706 ( 5.5%) |
| Median Home Value | $309,304 |
| Average Home Value | $414,274 |
Housing Distribution
Address Breakdown
Residential
12,363
Single Family
10,494
Multi-Family
1,869
Businesses
2,783
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 1995
9,260 sqft lot
$N/A/sqft
$1,890 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77041, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,774 (100%) |
| Owner Occupied HU | 8,334 (65.2%) |
| Renter Occupied HU | 3,734 (29.2%) |
| Vacant Housing Units | 706 ( 5.5%) |
| Median Home Value | $309,304 |
| Average Home Value | $414,274 |
Housing Distribution
Address Breakdown
Residential
12,363
Single Family
10,494
Multi-Family
1,869
Businesses
2,783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hilda Rader • Keller Williams Memorial
Mls Name: HAR
Mls Provider:
Mls ID: #17981089
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