mortgagesbycarl.bsky.social

@applyhtx.com

1 day ago

Houston rental market data worth knowing:

Median SFR: ~$320K
Avg 3BR rent: $1,700–$2,100/mo
Min down (DSCR): 20–25%
Inventory: up 37% YoY

NW Houston (77084), Pasadena, N. Houston corridor showing the strongest cash flow math right now.

#HoustonInvestor

mortgagesbycarl.bsky.social

@applyhtx.com

6 days ago

DSCR in plain terms:

Monthly Rent ÷ Monthly PITIA = DSCR

$260K Houston rental:
$2,050 rent / $1,720 PITIA = 1.19

1.0 = breaks even
1.25 = strong qualification

No W-2s. No personal income review.
The deal qualifies itself.

#DSCRLoan #HoustonInvestor