6442 Bankside Dr #36HoustonTX77096
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 6442 Bankside Dr #36, Houston, TX, 77096 in Houston deserves attention. This $138,400 property earns $2,018/mo in rent, a 17.5% gross yield, and nets $723/mo after the $622/mo payment. DSCR 3.24 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $38,237 compounds alongside $1,275/yr in yearly equity build, for a total cumulative return of $100,971.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.5% | 6.2% |
| Monthly Cash Flow | $723 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,018 |
| Total Monthly Debt Service | $1,240 |
| DSCR Ratio | 1.63x |
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 1973
2,439 sqft lot
$N/A/sqft
$311 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77096, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,929 (100%) |
| Owner Occupied HU | 6,665 (41.8%) |
| Renter Occupied HU | 7,735 (48.6%) |
| Vacant Housing Units | 1,529 ( 9.6%) |
| Median Home Value | $426,564 |
| Average Home Value | $488,229 |
Housing Distribution
Address Breakdown
Residential
15,435
Single Family
7,815
Multi-Family
7,620
Businesses
762
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 1973
2,439 sqft lot
$N/A/sqft
$311 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77096, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,929 (100%) |
| Owner Occupied HU | 6,665 (41.8%) |
| Renter Occupied HU | 7,735 (48.6%) |
| Vacant Housing Units | 1,529 ( 9.6%) |
| Median Home Value | $426,564 |
| Average Home Value | $488,229 |
Housing Distribution
Address Breakdown
Residential
15,435
Single Family
7,815
Multi-Family
7,620
Businesses
762
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices