7994 Sparta StHoustonTX77028
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 7994 Sparta St, Houston, TX, 77028 in Houston achieves a 1.67 ratio at $135,000: $1,013/mo rent versus $607/mo debt service. Rental yield 9%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9% yield compounds alongside 5% annual appreciation projecting $37,298 in value. Total projected cumulative return: $51,302.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $(12) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,013 |
| Total Monthly Debt Service | $971 |
| DSCR Ratio | 1.04x |
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.
Single Family
Built in 1955
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77028, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 4,060 (56.5%) |
| Renter Occupied HU | 2,469 (34.3%) |
| Vacant Housing Units | 662 ( 9.2%) |
| Median Home Value | $114,594 |
| Average Home Value | $151,161 |
Housing Distribution
Address Breakdown
Residential
7,180
Single Family
6,303
Multi-Family
877
Businesses
708
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
Single Family
Built in 1955
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77028, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 4,060 (56.5%) |
| Renter Occupied HU | 2,469 (34.3%) |
| Vacant Housing Units | 662 ( 9.2%) |
| Median Home Value | $114,594 |
| Average Home Value | $151,161 |
Housing Distribution
Address Breakdown
Residential
7,180
Single Family
6,303
Multi-Family
877
Businesses
708
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Winona Smith • Keller Williams Realty Southwest
Mls Name: HAR
Mls Provider:
Mls ID: #63081449
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