6410 Ferris Dr APT 14HoustonTX77081
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 6410 Ferris Dr APT 14, Houston, TX, 77081 in Houston worth modelling. At $224,500 with a 11.28% gross yield, the $2,111/mo rent leaves $72/mo after the $1,009/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 2.09 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $62,025 by year five; $2,068/yr in principal reduction adds further equity. Total projected return: $119,200.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.2% |
| Monthly Cash Flow | $72 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,111 |
| Total Monthly Debt Service | $1,507 |
| DSCR Ratio | 1.40x |
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.
Townhouse
Built in 1982
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77081, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,945 (100%) |
| Owner Occupied HU | 1,190 ( 5.7%) |
| Renter Occupied HU | 17,384 (83.0%) |
| Vacant Housing Units | 2,371 (11.3%) |
| Median Home Value | $454,483 |
| Average Home Value | $509,786 |
Housing Distribution
Address Breakdown
Residential
19,610
Single Family
2,365
Multi-Family
17,245
Businesses
2,274
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
Townhouse
Built in 1982
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77081, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,945 (100%) |
| Owner Occupied HU | 1,190 ( 5.7%) |
| Renter Occupied HU | 17,384 (83.0%) |
| Vacant Housing Units | 2,371 (11.3%) |
| Median Home Value | $454,483 |
| Average Home Value | $509,786 |
Housing Distribution
Address Breakdown
Residential
19,610
Single Family
2,365
Multi-Family
17,245
Businesses
2,274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices