109 Meadows StClevelandTX77328
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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
Rental property for sale in Cleveland at 109 Meadows St, Cleveland, TX, 77328 generates $1,404/mo in rent and, after a $905/mo payment, leaves $89/mo in cash flow. Total monthly income is $1,404/mo, and annual cash flow is $1,067/yr on $61,324 invested. Return on cash invested sits at 21.65% in year one, and rental yield is 9.11% on a $184,990 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,109 over five years. Five-year ROI reaches 113.38% and total cumulative return in cash sums $69,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,404/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.38 Acres 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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