81 Northpoint Dr Building 8-AHoustonTX77060
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play81 Northpoint Dr Building 8-A, Houston, TX, 77060 in Houston is priced for appreciation, not yield. Rental yield 4.83%. At $298,000 with a 4.83% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $82,332 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.90) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $55,063.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.2% |
| Monthly Cash Flow | $(1,029) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,200 |
| Total Monthly Debt Service | $2,001 |
| DSCR Ratio | 0.60x |
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.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77060, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,872 (100%) |
| Owner Occupied HU | 3,434 (20.4%) |
| Renter Occupied HU | 11,801 (69.9%) |
| Vacant Housing Units | 1,637 ( 9.7%) |
| Median Home Value | $158,412 |
| Average Home Value | $224,427 |
Housing Distribution
Address Breakdown
Residential
15,712
Single Family
4,825
Multi-Family
10,887
Businesses
2,209
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77060, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,872 (100%) |
| Owner Occupied HU | 3,434 (20.4%) |
| Renter Occupied HU | 11,801 (69.9%) |
| Vacant Housing Units | 1,637 ( 9.7%) |
| Median Home Value | $158,412 |
| Average Home Value | $224,427 |
Housing Distribution
Address Breakdown
Residential
15,712
Single Family
4,825
Multi-Family
10,887
Businesses
2,209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices