1102 Jefferson AveClevelandTX77327
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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 1102 Jefferson Ave, Cleveland, TX, 77327 offers a 8.6% rental yield on a $262,000 purchase with $1,877/mo rent. 48% in year one. Equity gained on principal adds $1,691/yr while 5% annual appreciation supports $72,386 over five years. Portfolio math shows five-year ROI at 101.98% and total cumulative return in cash at $88,569. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,877/mo property income against a $1,282/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77327, Cleveland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,928 (100%) |
| Owner Occupied HU | 11,362 (71.3%) |
| Renter Occupied HU | 2,751 (17.3%) |
| Vacant Housing Units | 1,815 (11.4%) |
| Median Home Value | $198,690 |
| Average Home Value | $213,135 |
Housing Distribution
Address Breakdown
Residential
17,794
Single Family
17,296
Multi-Family
498
Businesses
630
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Listed by: Michelle Watson • Foundations Realty
Mls Name: HAR
Mls Provider:
Mls ID: #51437019
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