9515 Lower RidgewayHoustonTX77075
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 9515 Lower Ridgeway, Houston, TX, 77075 in Houston is straightforward: $221,500 in, $2,094/mo in rent, $486/mo out after debt service. The 11.34% gross yield and 2.10 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $61,196 by year five. With $2,040/yr in principal equity, the total cumulative return is projected at $116,343.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.2% |
| Monthly Cash Flow | $486 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,094 |
| Total Monthly Debt Service | $1,520 |
| DSCR Ratio | 1.38x |
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 2005
4,200 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77075, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,944 (100%) |
| Owner Occupied HU | 7,820 (52.3%) |
| Renter Occupied HU | 6,176 (41.3%) |
| Vacant Housing Units | 948 ( 6.3%) |
| Median Home Value | $247,668 |
| Average Home Value | $257,402 |
Housing Distribution
Address Breakdown
Residential
13,605
Single Family
9,252
Multi-Family
4,353
Businesses
938
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 2005
4,200 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77075, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,944 (100%) |
| Owner Occupied HU | 7,820 (52.3%) |
| Renter Occupied HU | 6,176 (41.3%) |
| Vacant Housing Units | 948 ( 6.3%) |
| Median Home Value | $247,668 |
| Average Home Value | $257,402 |
Housing Distribution
Address Breakdown
Residential
13,605
Single Family
9,252
Multi-Family
4,353
Businesses
938
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices