8115 Fondren Lake DrHoustonTX77071
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 8115 Fondren Lake Dr, Houston, TX, 77071 in Houston deserves attention. This $473,787 property earns $5,123/mo in rent, a 12.97% gross yield, and nets $1,575/mo after the $2,130/mo payment. DSCR 2.41 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $130,899 compounds alongside $4,364/yr in yearly equity build, for a total cumulative return of $283,763.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 6.2% |
| Monthly Cash Flow | $1,575 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,123 |
| Total Monthly Debt Service | $3,359 |
| DSCR Ratio | 1.53x |
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 1983
9,583 sqft lot
$N/A/sqft
$8 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77071, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,132 (100%) |
| Owner Occupied HU | 5,330 (52.6%) |
| Renter Occupied HU | 4,280 (42.2%) |
| Vacant Housing Units | 522 ( 5.2%) |
| Median Home Value | $273,063 |
| Average Home Value | $307,273 |
Housing Distribution
Address Breakdown
Residential
10,557
Single Family
6,009
Multi-Family
4,548
Businesses
453
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 1983
9,583 sqft lot
$N/A/sqft
$8 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77071, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,132 (100%) |
| Owner Occupied HU | 5,330 (52.6%) |
| Renter Occupied HU | 4,280 (42.2%) |
| Vacant Housing Units | 522 ( 5.2%) |
| Median Home Value | $273,063 |
| Average Home Value | $307,273 |
Housing Distribution
Address Breakdown
Residential
10,557
Single Family
6,009
Multi-Family
4,548
Businesses
453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices