142 Steel Creek CrestCenter PtTX78010
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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 Center Pt at 142 Steel Creek Crest, Center Pt, TX, 78010 uses $97,793 cash to close to unlock $1,405/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $2,215/mo, and a $1,444/mo payment keeps the spread at $117/mo. Purchase price stands at $295,000, and rental yield measures 9.01% with $2,215/mo rent. Return on cash invested shows 21.35% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 111.81% and total cumulative return in cash records $109,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,215/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 2024
10.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78010, Center Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,533 (100%) |
| Owner Occupied HU | 1,041 (67.9%) |
| Renter Occupied HU | 294 (19.2%) |
| Vacant Housing Units | 198 (12.9%) |
| Median Home Value | $366,009 |
| Average Home Value | $610,776 |
Housing Distribution
Address Breakdown
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
95
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Listed by: Chelsea Robinson • Land Unlimited
Mls Name: SABOR
Mls Provider:
Mls ID: #1784201
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.