11557 Gilmore 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 11557 Gilmore Rd, Cleveland, TX, 77328 listed at $1,290,000 pairs $1,940/mo rent with a $6,314/mo payment. Total monthly income runs $1,940/mo. Return on cash invested measures -0.4% in year one, and rental yield registers 1.8% at a $1,290,000 basis. Equity gained on principal adds $8,324/yr, and annual property appreciation at 5% supports $356,403 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,940/mo property income relative to a $6,314/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
66 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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Listed by: Angela Angers • Jane Byrd Properties International LLC
Mls Name: HAR
Mls Provider:
Mls ID: #64121958
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