10938 Independence RdClevelandTX77328
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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 10938 Independence Rd, Cleveland, TX, 77328 listed at $261,580 pairs $2,316/mo rent with a $1,280/mo payment to leave $431/mo cash flow. Total monthly income runs $2,316/mo, and annual cash flow reaches $5,174/yr on $86,714 cash to close. Return on cash invested measures 25.88% in year one, and rental yield registers 10.62% at a $261,580 basis. Equity gained on principal adds $1,688/yr, and annual property appreciation at 5% supports $72,270 by year five. Five-year ROI tracks 136.22% and total cumulative return in cash totals $118,126. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,316/mo property income relative to a $1,280/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
$300 annually 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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Nearby investment properties with comparable prices
Listed by: Jimmy Franklin • Davidson Homes
Mls Name: HAR
Mls Provider:
Mls ID: #78445615
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