10351 Red Cardinal DrClevelandTX77328
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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
Investment Highlights
Investment property for sale in Cleveland at 10351 Red Cardinal Dr, Cleveland, TX, 77328 uses $88,146 cash to close to unlock $2,635/yr annual cash flow and $220/mo monthly cash flow. Total monthly income runs $2,110/mo, and a $1,301/mo payment keeps the spread at $220/mo. Purchase price stands at $265,900, and rental yield measures 9.52% with $2,110/mo rent. Return on cash invested shows 22.9% in year one, and 5% annual appreciation builds toward $73,463 over five years. Five-year ROI reaches 120.08% and total cumulative return in cash records $105,850. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,110/mo property income covering a $1,301/mo payment rather than investor’s personal income.
Single Family
Built in 2026
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77328, Cleveland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,134 (100%) |
| Owner Occupied HU | 5,423 (76.0%) |
| Renter Occupied HU | 976 (13.7%) |
| Vacant Housing Units | 735 (10.3%) |
| Median Home Value | $258,796 |
| Average Home Value | $360,393 |
Housing Distribution
Address Breakdown
Residential
6,637
Single Family
6,636
Multi-Family
1
Businesses
328
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