1602 Garden Glen LnPearlandTX77581
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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
Rental property for sale in Pearland at 1602 Garden Glen Ln, Pearland, TX, 77581 generates $4,867/mo in rent, after a $3,302/mo payment. Total monthly income is $4,867/mo. Return on cash invested sits at 19.91% in year one, and rental yield is 8.66% on a $674,600 entry. Equity gained on principal adds $4,353/yr, while 5% annual appreciation builds toward $186,380 over five years. Five-year ROI reaches 104.21% and total cumulative return in cash sums $231,285. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,867/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.32 Acres lot
$N/A/sqft
$63 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77581, Pearland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,504 (100%) |
| Owner Occupied HU | 13,926 (75.3%) |
| Renter Occupied HU | 3,712 (20.1%) |
| Vacant Housing Units | 866 ( 4.7%) |
| Median Home Value | $351,364 |
| Average Home Value | $371,871 |
Housing Distribution
Address Breakdown
Residential
18,020
Single Family
15,010
Multi-Family
3,010
Businesses
1,581
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