817 N 3rd StBellaireTX77401
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 817 N 3rd St, Bellaire, TX, 77401 in Bellaire is capital appreciation. Rental yield 3.83%. The 3.83% gross yield at $1,625,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $448,958 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.71) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $212,788.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 6.2% |
| Monthly Cash Flow | $(6,370) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,186 |
| Total Monthly Debt Service | $10,909 |
| DSCR Ratio | 0.48x |
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.
Single Family
Built in 2024
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77401, Bellaire, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,199 (100%) |
| Owner Occupied HU | 5,133 (82.8%) |
| Renter Occupied HU | 674 (10.9%) |
| Vacant Housing Units | 392 ( 6.3%) |
| Median Home Value | $939,765 |
| Average Home Value | $1,024,679 |
Housing Distribution
Address Breakdown
Residential
6,179
Single Family
5,986
Multi-Family
193
Businesses
889
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 2024
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77401, Bellaire, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,199 (100%) |
| Owner Occupied HU | 5,133 (82.8%) |
| Renter Occupied HU | 674 (10.9%) |
| Vacant Housing Units | 392 ( 6.3%) |
| Median Home Value | $939,765 |
| Average Home Value | $1,024,679 |
Housing Distribution
Address Breakdown
Residential
6,179
Single Family
5,986
Multi-Family
193
Businesses
889
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tami Denault • Century 21 Parisher Properties
Mls Name: HAR
Mls Provider:
Mls ID: #62621984
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.