8905 Elm Drake LnHumbleTX77338
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 8905 Elm Drake Ln, Humble, TX, 77338 in Humble. At $222,000 it earns $1,880/mo in rent and distributes $272/mo to the owner after the $998/mo payment, a consistent 10.16% yield. DSCR 1.88 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $61,335 in value; $2,045/yr in principal paydown compounds ownership stake. Total projected return: $102,671.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 5.2% |
| Monthly Cash Flow | $272 | $1,200 |
City averages based on Humble market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,880 |
| Total Monthly Debt Service | $1,520 |
| DSCR Ratio | 1.24x |
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.
Townhouse
Built in 2005
2,632 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77338, Humble, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,259 (100%) |
| Owner Occupied HU | 8,544 (49.5%) |
| Renter Occupied HU | 7,428 (43.0%) |
| Vacant Housing Units | 1,287 ( 7.5%) |
| Median Home Value | $260,461 |
| Average Home Value | $283,669 |
Housing Distribution
Address Breakdown
Residential
16,908
Single Family
11,771
Multi-Family
5,137
Businesses
1,942
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 2005
2,632 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77338, Humble, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,259 (100%) |
| Owner Occupied HU | 8,544 (49.5%) |
| Renter Occupied HU | 7,428 (43.0%) |
| Vacant Housing Units | 1,287 ( 7.5%) |
| Median Home Value | $260,461 |
| Average Home Value | $283,669 |
Housing Distribution
Address Breakdown
Residential
16,908
Single Family
11,771
Multi-Family
5,137
Businesses
1,942
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices