9797 Leawood Blvd APT 308HoustonTX77099
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 9797 Leawood Blvd APT 308, Houston, TX, 77099 in Houston at $100,000 earns $1,167/mo in rent and nets $121/mo after the $450/mo payment, a 14% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $27,628 over five years. Ziffy Mortgage underwrites this on a 2.59 DSCR without U.S. credit history. With $921/yr in principal paydown, total projected return reaches $47,573.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 6.2% |
| Monthly Cash Flow | $121 | $450 |
City averages based on Houston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,167 |
| Total Monthly Debt Service | $1,006 |
| DSCR Ratio | 1.16x |
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.
Condo
Built in 1983
4.59 Acres lot
$N/A/sqft
$335 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 1983
4.59 Acres lot
$N/A/sqft
$335 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: Latarsha McCrimmon • SKW Realty
Mls Name: HAR
Mls Provider:
Mls ID: #67036146
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