8636 Village Of Fondren Dr #8636HoustonTX77071
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.68 makes 8636 Village Of Fondren Dr #8636, Houston, TX, 77071 in Houston one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 9.06%. The 9.06% yield, 5% annual appreciation ($29,286 over five years), and $976/yr in principal reduction project a total cumulative return of $23,228.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $(293) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $800 |
| Total Monthly Debt Service | $1,051 |
| DSCR Ratio | 0.76x |
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.
Condo
Built in 1983
6.16 Acres lot
$N/A/sqft
$316 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
Condo
Built in 1983
6.16 Acres lot
$N/A/sqft
$316 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
Listed by: Olawale Oladipupo • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #94688316
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