651 Bering Dr Unit 1405HoustonTX77057
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 651 Bering Dr Unit 1405, Houston, TX, 77057 in Houston achieves a 1.82 ratio at $325,000: $2,653/mo rent versus $1,461/mo debt service. Rental yield 9.8%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.8% yield compounds alongside 5% annual appreciation projecting $89,792 in value. Total projected cumulative return: $146,574.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.2% |
| Monthly Cash Flow | $(1,058) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,653 |
| Total Monthly Debt Service | $2,182 |
| DSCR Ratio | 1.22x |
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.
Condo
Built in 1983
N/A lot
$N/A/sqft
No 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
Condo
Built in 1983
N/A lot
$N/A/sqft
No 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