---
title: "309 Stratford St Unit 18, Houston, TX 77006: DSCR and rental numbers | DSCR Labs"
description: "Houston rental numbers: rent about $1,370 a month, DSCR 0.57 at 25% down, taxes 2.17% a year. A free Greater Houston DSCR Snapshot, updated Oct 13, 2026."
url: https://dscrlabs.com/calculator/tx/houston/309-stratford-st-unit-18-77006/hu6s9xt3
---

# 309 Stratford St Unit 18, Houston, TX 77006

For sale at $246,810. 1 bedrooms, 1 bathrooms, 704 sq ft, built 1960. Updated Oct 13, 2026.

## Summary

At the starting numbers, this home is not a good fit for a DSCR loan. A typical DSCR lender wouldn’t make this loan and the deal loses money each month. The rent covers the monthly payment 0.57 times (DSCR 0.57), and you would put in $1,247 a month after vacancy and reserves.

For the rent to cover the payment 1.2 times, the price would need to be about $42,000, 83% under the asking price. That would be close to impossible to get. A rent of about $2,857 a month would cover the payment 1.2 times, above the likely range of $1,170 to $1,570. The seller's tax bill of $4,021 (2025) is lower than an investor's estimated $5,362 a year, because the taxable value resets toward the purchase price after a sale. Before making an offer, ask a local leasing agent what homes like this one have actually leased for.

## The numbers at the default assumptions

With 25% down and the estimated rate. Try your own numbers on the page.

| | |
| --- | ---: |
| Price | $246,810 (the asking price) |
| Down payment | 25% ($61,703) |
| Renovation budget | $10,000 (paid in cash) |
| Interest rate (estimate) | 7.92% |
| Monthly payment (PITIA) | $2,381 |
| Principal and interest | $1,347 |
| Property taxes | $447 |
| Insurance | $101 |
| HOA dues | $486 |
| Rent (estimate) | $1,370 (likely $1,170 to $1,570, from 15 rentals) |
| DSCR | 0.57 (the rent covers the payment 0.57 times) |
| Monthly cash flow | −$1,247 |
| Cash to close | $79,107 |
| Cash-on-cash return | −18.91% |

## Taxes

Combined tax rate 2.17% a year (2026 rates). It uses no homestead exemption, because that ends when a home sells.

## Flood and insurance

FEMA flood zone X. Insurance estimate: $910 to $1,516 a year.

## Before you rely on these numbers

- Every number here is an estimate. Before you make an offer, get a lender’s quote, an insurance quote, and a recent lease nearby to check the rent.
- Property taxes reset after a purchase. The seller’s exemptions and caps don’t transfer, and the taxable value moves toward your price.
- Get a real landlord insurance quote. Prices vary a lot by ZIP code, roof age and flood zone.
- Check the rent against a recent lease nearby. Lenders use the lower of your signed lease and the appraiser’s rent estimate.
- Texas doesn’t make sale prices public, so every home value estimate here is rough. Ask an agent for recent sales nearby before you make an offer.

## Sources

U.S. Census Bureau, county tax records, FEMA’s flood map, the Texas Department of Insurance and RentCast. See how we make these reports: https://dscrlabs.com/calculator/methodology.md

Try your own price, down payment and rent on the report page: https://dscrlabs.com/calculator/tx/houston/309-stratford-st-unit-18-77006/hu6s9xt3

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[Greater Houston DSCR Calculator](https://dscrlabs.com/) by [DSCR Labs](https://dscrlabs.com/). This is an estimate, not a loan approval.