815 Centerwood DrHoustonTX77013
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 815 Centerwood Dr, Houston, TX, 77013 in Houston is narrow, $54/mo net on $765/mo rent after the $450/mo debt service, but the property operates at break-even-plus, not a loss. At $100,000 with a 9.18% yield, the long-run equity case via 5% appreciation ($27,628 over five years) and $921/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.70 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $41,801.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $54 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $765 |
| Total Monthly Debt Service | $671 |
| DSCR Ratio | 1.14x |
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 1969
7,588 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77013, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 2,206 (34.7%) |
| Renter Occupied HU | 3,210 (50.5%) |
| Vacant Housing Units | 938 (14.8%) |
| Median Home Value | $199,519 |
| Average Home Value | $258,229 |
Housing Distribution
Address Breakdown
Residential
6,373
Single Family
2,959
Multi-Family
3,414
Businesses
369
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 1969
7,588 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77013, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 2,206 (34.7%) |
| Renter Occupied HU | 3,210 (50.5%) |
| Vacant Housing Units | 938 (14.8%) |
| Median Home Value | $199,519 |
| Average Home Value | $258,229 |
Housing Distribution
Address Breakdown
Residential
6,373
Single Family
2,959
Multi-Family
3,414
Businesses
369
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices