7575 Kirby Dr APT 1303HoustonTX77030
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 7575 Kirby Dr APT 1303, Houston, TX, 77030 in Houston at $189,000 earns $1,757/mo in rent and nets $101/mo after the $850/mo payment, a 11.15% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $52,217 over five years. Ziffy Mortgage underwrites this on a 2.07 DSCR without U.S. credit history. With $1,741/yr in principal paydown, total projected return reaches $99,035.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.2% |
| Monthly Cash Flow | $101 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,757 |
| Total Monthly Debt Service | $1,269 |
| DSCR Ratio | 1.38x |
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 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77030, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,684 (100%) |
| Owner Occupied HU | 2,447 (31.8%) |
| Renter Occupied HU | 3,918 (51.0%) |
| Vacant Housing Units | 1,319 (17.2%) |
| Median Home Value | $733,491 |
| Average Home Value | $776,317 |
Housing Distribution
Address Breakdown
Residential
7,996
Single Family
1,882
Multi-Family
6,114
Businesses
1,027
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 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77030, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,684 (100%) |
| Owner Occupied HU | 2,447 (31.8%) |
| Renter Occupied HU | 3,918 (51.0%) |
| Vacant Housing Units | 1,319 (17.2%) |
| Median Home Value | $733,491 |
| Average Home Value | $776,317 |
Housing Distribution
Address Breakdown
Residential
7,996
Single Family
1,882
Multi-Family
6,114
Businesses
1,027
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices