10391 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 10391 Red Cardinal Dr, Cleveland, TX, 77328 offers a 9.42% rental yield on a $265,900 purchase with $2,087/mo rent. Total monthly income registers $2,087/mo, and a $1,301/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,359/yr on $88,146 to close, and return on cash invested stands at 22.59% in year one. Equity gained on principal adds $1,716/yr while 5% annual appreciation supports $73,463 over five years. Portfolio math shows five-year ROI at 118.42% and total cumulative return in cash at $104,386. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,087/mo property income against a $1,301/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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