1106 Jefferson AveClevelandTX77327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1106 Jefferson Ave, Cleveland, TX, 77327 offers $2,219/mo rent that, after a $1,253/mo payment, leaves $399/mo cash flow. Total monthly income is $2,219/mo, and annual cash flow is $4,782/yr on $84,864 cash. Return on cash invested measures 25.54% in year one, and rental yield stands at 10.4% at a $255,999 entry. Equity gained on principal adds $1,652/yr while 5% annual appreciation compounds into $70,728 by year five. Five-year ROI records 134.29% and total cumulative return in cash reaches $113,961. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,219/mo property income versus a $1,253/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.25 Acres 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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