6342 Chevy Chase Dr #21HoustonTX77057
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow6342 Chevy Chase Dr #21, Houston, TX, 77057 in Houston is a solid income-producing rental, 12.19% gross yield, $1,963/mo rent, $223/mo net cash flow on a $193,300 buy. DSCR 2.26 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $53,405 and $1,780/yr in principal reduction project a total cumulative return of $90,019.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 6.2% |
| Monthly Cash Flow | $223 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,963 |
| Total Monthly Debt Service | $1,664 |
| DSCR Ratio | 1.18x |
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.
Apartment
Built in 1970
13.59 Acres lot
$N/A/sqft
$366 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77057, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,665 (100%) |
| Owner Occupied HU | 7,302 (29.6%) |
| Renter Occupied HU | 14,773 (59.9%) |
| Vacant Housing Units | 2,590 (10.5%) |
| Median Home Value | $433,587 |
| Average Home Value | $626,740 |
Housing Distribution
Address Breakdown
Residential
24,132
Single Family
5,548
Multi-Family
18,584
Businesses
2,720
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
Apartment
Built in 1970
13.59 Acres lot
$N/A/sqft
$366 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77057, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,665 (100%) |
| Owner Occupied HU | 7,302 (29.6%) |
| Renter Occupied HU | 14,773 (59.9%) |
| Vacant Housing Units | 2,590 (10.5%) |
| Median Home Value | $433,587 |
| Average Home Value | $626,740 |
Housing Distribution
Address Breakdown
Residential
24,132
Single Family
5,548
Multi-Family
18,584
Businesses
2,720
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices