9700 Leawood Blvd APT 1105HoustonTX77099
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 9700 Leawood Blvd APT 1105, Houston, TX, 77099 in Houston achieves a 1.74 ratio at $104,998: $821/mo rent versus $472/mo debt service. Rental yield 9.38%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.38% yield compounds alongside 5% annual appreciation projecting $29,009 in value. Total projected cumulative return: $23,163.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $(291) | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $821 |
| Total Monthly Debt Service | $1,070 |
| DSCR Ratio | 0.77x |
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 1982
12.46 Acres lot
$N/A/sqft
$365 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77099, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,112 (100%) |
| Owner Occupied HU | 6,620 (38.7%) |
| Renter Occupied HU | 9,454 (55.2%) |
| Vacant Housing Units | 1,038 ( 6.1%) |
| Median Home Value | $195,067 |
| Average Home Value | $263,096 |
Housing Distribution
Address Breakdown
Residential
17,536
Single Family
7,807
Multi-Family
9,729
Businesses
1,447
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 1982
12.46 Acres lot
$N/A/sqft
$365 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77099, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,112 (100%) |
| Owner Occupied HU | 6,620 (38.7%) |
| Renter Occupied HU | 9,454 (55.2%) |
| Vacant Housing Units | 1,038 ( 6.1%) |
| Median Home Value | $195,067 |
| Average Home Value | $263,096 |
Housing Distribution
Address Breakdown
Residential
17,536
Single Family
7,807
Multi-Family
9,729
Businesses
1,447
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Shipman • Connect Realty.com
Mls Name: HAR
Mls Provider:
Mls ID: #17218902
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