6310 Luce StHoustonTX77087
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 6310 Luce St, Houston, TX, 77087 in Houston is straightforward: $264,900 in, $2,326/mo in rent, $442/mo out after debt service. The 10.53% gross yield and 1.95 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $73,187 by year five. With $2,440/yr in principal equity, the total cumulative return is projected at $129,982.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.2% |
| Monthly Cash Flow | $442 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,326 |
| Total Monthly Debt Service | $1,778 |
| DSCR Ratio | 1.31x |
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 2011
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77087, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,785 (100%) |
| Owner Occupied HU | 5,878 (49.9%) |
| Renter Occupied HU | 5,168 (43.9%) |
| Vacant Housing Units | 739 ( 6.3%) |
| Median Home Value | $172,518 |
| Average Home Value | $209,287 |
Housing Distribution
Address Breakdown
Residential
11,608
Single Family
8,717
Multi-Family
2,891
Businesses
1,477
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 2011
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77087, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,785 (100%) |
| Owner Occupied HU | 5,878 (49.9%) |
| Renter Occupied HU | 5,168 (43.9%) |
| Vacant Housing Units | 739 ( 6.3%) |
| Median Home Value | $172,518 |
| Average Home Value | $209,287 |
Housing Distribution
Address Breakdown
Residential
11,608
Single Family
8,717
Multi-Family
2,891
Businesses
1,477
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices