6415 Waldron DrHoustonTX77084
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 6415 Waldron Dr, Houston, TX, 77084 in Houston fits: $430,000, 5.8% gross yield, and a projected 5% annual appreciation rate adding $118,801 in value within five years. Rental yield 5.8%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.07) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,960/yr in principal paydown and $118,801 in appreciation project a total return of $101,637.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 6.2% |
| Monthly Cash Flow | $(981) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,077 |
| Total Monthly Debt Service | $2,887 |
| DSCR Ratio | 0.72x |
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.
Multi Family
Built in 2005
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77084, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,024 (100%) |
| Owner Occupied HU | 22,771 (51.7%) |
| Renter Occupied HU | 18,145 (41.2%) |
| Vacant Housing Units | 3,108 ( 7.1%) |
| Median Home Value | $272,729 |
| Average Home Value | $304,445 |
Housing Distribution
Address Breakdown
Residential
40,315
Single Family
27,843
Multi-Family
12,472
Businesses
2,662
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
Multi Family
Built in 2005
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77084, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 44,024 (100%) |
| Owner Occupied HU | 22,771 (51.7%) |
| Renter Occupied HU | 18,145 (41.2%) |
| Vacant Housing Units | 3,108 ( 7.1%) |
| Median Home Value | $272,729 |
| Average Home Value | $304,445 |
Housing Distribution
Address Breakdown
Residential
40,315
Single Family
27,843
Multi-Family
12,472
Businesses
2,662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices